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Tag Archives: debt
Regarding John Norris’ weekend column “Debt isn’t all bad, but not understanding how to use it is,” I think he missed why many people believe debt is bad. He failed to address the real issue.
Federal debt doesn’t matter. So say MIT and Univ of Connecticut professors Simon Johnson and James Kwak in their book “Thirteen Bankers: The Wall Street Takeover and the Next Financial Meltdown”. I recently read a review at the USA Today … Continue reading
I had an hour to read the 30 July issue of the Wall Street Journal today. I know what I’m going to say isn’t a popular position, but I’ve decided it’s time that our nation should be confronted with default.