Friday, June 8, 2012

Debt creation

Peter is doing a bang up job of explaining in small crayon sized words exactly how all the debt the world is swimming in was created. He makes it easy enough that even I can understand his points.... the mark of a good teacher.

Perhaps it's a topic not quite as important as the others he's covered detailing the results of such fiscal lunacy (which we are now just beginning to really feel), but it's still important to know why the train wrecked.

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