www.debtcrash.report

A Simple Guide to the Most Important Subject You Never Learned In School, What Our Money Is, Its History, and an Analysis of a Failing System.

Debt Taken On By Fools

Debt Taken On By Fools
NEVER A ZERO SUM GAME   It is often touted that total debt carried by a government or total debt in general does not matter because debt is one person’s liability and another's asset thus a zero sum game.  This is plugged most loudly by Paul Krugman in an attempt to explain why the enormous debts of nations such as the United States and Japan do not matter.  Nothing could be further from the truth.    For example consider a productive farmer and an adjacent town full of people.  The townspeople accept the farmers’ food but do not repay the...
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Guest — Hunt4Steve
I've been telling my family for years the stock market only provides them with paper assets that "tell" them they have so much val... Read More
Thursday, 26 February 2015 13:07
CaptDebtCrash
@Hunt4Steve. I'm going to be making another post you may want to show to you family in a few days. Thanks for the reply.
Thursday, 26 February 2015 13:41
Guest — Debt Crash
Here's the new post http://www.debtcrash.report/entry/i-bought-what
Sunday, 08 March 2015 07:31
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