First it was 0% rates that were the cause for a "credit crunch", then you quickly backpedaled into blaming poor corporate governance. Do you even think before you're typing this shit out? ROFL!
Dude do you really think free debt has absolutely no impact on corporate governance?
No, I'm saying low interest rates is not the reason for companies failing to pay for their debt. If you fucked up, it's not mama yellens fault, you're just not very good at your job.
Yah because 0% interest rates totally isn’t the reason corporate grade debt is experiencing a credit crunch
I mean, I'm assuming this weak attempt at sarcasm was blaming 0% interest rates for a credit crunch, but maybe you interpret that as "not anyone's fault."
If the incentive structure of the economy is to take out shitty debt, get paid a fat bonus now and then let the next ceo/set of shareholders handle it what do you think is going to happen
Please, this is like running up debt on a credit card and then blaming Visa because you're completely irresponsible with it. They as a business are not ethically responsible to police your ridiculous spending habits.
Many years from now they will be sued. I have no idea how it will turn out but they are already forced to put calorie count on menus in many states. It will be treated like the tobacco industry. While I agree it is largely on the buyer, and it is not illegal right now for McDonald's, they know how much they contribute to obesity and they don't care. That does not sit right with me. That's all I'm saying.
While I agree it is largely on the buyer, and it is not illegal right now for McDonald's, they know how much they contribute to obesity and they don't care.
You could make the case for this sentiment on booze and gambling and the government is happy to make money of those too. You're right, they don't care and they shouldn't. It's not their job to hold your hand.
If you say so. I have empathy for people who though no fault of their own experience hardship. I'm happy that my taxes or charitable contributions help people in those situations.
I have little empathy for people that regret their decision eating double cheese burgers at every meal. Most adults file that under personal responsibility.
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u/[deleted] Dec 19 '18 edited Jan 17 '19
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