On Mon, May 18, 2009 at 10:16 AM, Doug Henwood <[email protected]> wrote: > Like I said in the part you don't quote, the level of debt that we contract > will matter to our descendants. A debt burden of 60% of GDP with debt > service at 2% is a lot different from a debt burden of 120% with debt > service at 6%.
Meaning that the level of debt today will have an effect on the distribution of wealth in future generations? Fair enough. I agree with that. -raghu. -- Do unto others BEFORE they do unto you! _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
