As TPP and TTIP are phased in, we'll eventually learn what this debt will mean for our future.
From my perspective, the only thing it can possibly mean is that the oligarchs will soon literally own everything.
Saturday, May 23, 2015
Our Love Affair With Debt
Forget about real estate, technology or manufacturing: The real American growth industry is debt. While gross domestic product has lingered in the 2 to 2.5 percent growth range for years, the level of debt as measured through credit market instruments has exploded.
As TPP and TTIP are phased in, we'll eventually learn what this debt will mean for our future.
From my perspective, the only thing it can possibly mean is that the oligarchs will soon literally own everything.
As TPP and TTIP are phased in, we'll eventually learn what this debt will mean for our future.
From my perspective, the only thing it can possibly mean is that the oligarchs will soon literally own everything.
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