The term 'debt ceiling' currently applies to the news that the US of A has decided that it will raise the bar, giving itself the right to increase borrowing. We could assume, therefore, that the Eurozone could follow suit in order to ease it's own financial concerns. Naturally, it's not as simple as that. The dollar, a reserve currency, presumably makes it a special case. There is a problem nevertheless; the US economy, as with all others, has to be nurtured and kept under control, as one's own domestic economy. Incidentally, where does all this borrowed money come from? Well, it's only virtual. The promise of working to pay off the debt is also rather doubtful; unless incomes are reduced, making goods more competitively priced.
With all this financial turmoil, very little time is given to the views of folk, who, in the writer's opinion, look at life from a more disciplined perspective. Why is the West insistent upon further education for any subject we care to think about? Obviously, courses such as Medicine, Science, Mathematics, Languages plus a few others, is all that is necessary. In Britain, the reason is to keep youngsters from the dole queue. The out of work option is almost written into each school's curriculum. Any academic failure is considered to be the fault of others; many that have fallen short of sufficient knowledge still make it to University. Those with no qualifications at all, unfortunately, cannot hold down a job that includes writing or simple arithmetic. To be a Joiner for example, requires a knowledge of geometry. This lack of education is not a problem that would be found in Asia.
BASIC EDUCATION IS THE KEY.
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