Tag: Debt

The Debt Slavery Of A Nation

Since Sri Lanka defaulted on its debt we have been colonized again. This time by the IMF, with policy run out of the American Embassy with Indians as enforcers. Same colonial shit, different capitalist day. This is marketed as ‘stabilization’ but it’s really just the rich standing ...

Technical Debt Has Taken Over The Economy

The term “technical debt” usually refers to shortcuts or suboptimal approaches during software development. It manifests itself as poorly designed code, lack of documentation and outdated components. While properly written code and documentation are timeless, components and approaches ar...

Your Debt Isn’t Meant to Be Repaid — Here’s Why

When you think about debt what is the first thing that comes to mind? Your ballooning credit card payment? All the bills stacking up on your dining room table? Crunching the numbers and realizing you’re never going to be able to catch up? According to the Federal Reserve Bank of Ne...

Tabletop RPGs Have a Design Debt to Pay

There are two kinds of design flaws in tabletop RPGs. First, there are the “flaws” — really, tradeoffs — that we can disagree over. These are mechanics that serve a purpose but impose costs elsewhere that may not be worth it or enjoyed by all players. Often these flaws rel...

Law School Debt Adds Additional Burdens to a Failing System

Years ago, Steven Harper wrote a book titled The Lawyer Bubble. The book addressed the shift within law school and the practice of law. Harper noted that the focus on short-term at the expense of the long-term was harming the next generation of lawyers. Harper explained that 6 out of 10 lawyers...

How the Recent Supreme Court Ruling on Student Debt Forgiveness Impacts on Borrowers

The Supreme Court’s ruling against Joe Biden’s student debt forgiveness plan will have a significant impact on the stability of millions of borrowers who were hoping for relief. The decision means that these borrowers will not receive the debt forgiveness they were counting on, which can...