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Yes, accountability is a 0-sum game. One man's debt is another's saving, all that jazz (well, except when a default happen, and in this case money is created, b
by orwin 6y ago
Yes, accountability is a 0-sum game. One man's debt is another's saving, all that jazz (well, except when a default happen, and in this case money is created, but in EU more than 90% of savings + circulating money is from debt and would'nt be surprised if this is more than that in the US).
That's why states and companies should be as indebted as possible as long as it doesn't endanger them.