Posted 8/6/2009 16:44 (#801952 - in reply to #801827) Subject: Re: Thoughts
Central NE
Thanks for the link. Mr. Fisher does a good job underscoring the importance of debt in a cycle, but one development not mentioned by him would be what happens when the govt absorbs the debt to stop the cycle, and the Govt itself becomes the debtor who passes the "tipping point".