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Also the latest economic buzz to declare dept as something positive and not at all just a often blind defense for aching economic systems facing some pressures
by raxxorraxor 1y ago
Also the latest economic buzz to declare dept as something positive and not at all just a often blind defense for aching economic systems facing some pressures and problems, it would still not align too well with this anology.
And before someone tries to refute the "debt is mostly bad for the debt holder"-statement by some coked up economist in his first semester, I know how money is created today. I also know about the opportunity new debt can open. Doesn't make debt something positive, the field really lacks structured thought... I forgive you if you are the lawyer of Greece, but ffs... Some concepts are simple and fundamental.
I guess the author tried to connect debt and technical debt and there are certain similarities. In both cases work has to be done without direct compensation aside from working of the debt. Perhaps that is why it is called debt.