the nature of debt
You Couldn’t Invent This in Fiction
Consider this for a moment. Treasury Secretary Tim Geithner recently received a letter from Republican Senator Pat Toomey. In the last week of January, Senator Toomey (a member of the Tea Party caucus) introduced into Congress what he called the…
You Can’t Eat IOUs
When the mainstream media talks about the growing “problem” of government deficit spending, they always focus on nations which are having trouble servicing their debts. The issue of actually “repaying” the debt is seldom mentioned. If it is, it is…
Posted in the nature of debt Leave a comment
Debt, it isn’t what it used to be.
Used to be a time when debt was something you actually planned to pay off. People used to have “mortgage burning” parties, after that final payment was cashed by the bank and the homeowner truly became one, it wasn’t uncommon…
Get some Wealth in your mailbox
Loading...
Our Monthly Commentary on These Interesting Times.. Recent Articles
Recent Comments
