4 ms·
This makes the mortgage analogy worse. Global debt is not the same as personal debt. It’s even more complex than government debt. Again, maybe it’s good and ma
by ashtonkem 6y ago
This makes the mortgage analogy worse. Global debt is not the same as personal debt. It’s even more complex than government debt.
Again, maybe it’s good and maybe it’s bad. But we can’t tell that by making analogies to a single mortgage. They’re just different beasts.