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The word "debt" appears way too little. The word "credit" isn't even in the article. The whole mess we're in is because of borrowing from the future via a deb
by chadmalik 18y ago
The word "debt" appears way too little. The word "credit" isn't even in the article. The whole mess we're in is because of borrowing from the future via a debt bubble to escape deflation after the dotcom/telecom bust of the early 2000's. I think Greenspun needs to read up a bit more on whats really happened.