Date: Tue, 14 Dec 2004 08:00:40 +1100
Subject: Re: AUT: Workers' Credit
From: Thiago Oppermann <difference_3ngine-AT-yahoo.com.br>


> He, is this around online anywhere? I'm rather interested in this stuff
> myself, both as a trend, and because I've effectively traded the
> possibility of a full-time job for the flexibility and precariousness of
> contract work, which gets buffered from time to time by an
> ever-expanding overdraft. My motto for life is that you just need to
> ensure that you don't get yourself into debt faster than the bank makes
> your overdraft bigger (they keep doing that from time to time ;) )... no
> doubt I'm part of the 'middle class' that will be wiped out in the next
> financial crisis. :)
> 
> Peter
> 

But that's not what people who go financial want, is it? They want to be
independent and secure, and I'm guessing those overdrafts start freaking the
hell ou of them after a while.

With my workmates, if you suggested to any of them that they are less than
100% solvent that would be the worst faux pas conceivable. Appearances have
to be kept. The truth is that statistically there is a high chance they're
fucked, and on our pay the only way they can invest is by really tightening
the belt, but they also talk constantly about clever new ways of multiplying
money into more money without having to resort to work.


Thiago



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