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Posts: 151
In response to
"
I've thought for a long time that only global debt cancellation can fully remedy the situation.
"
by
Loyola
That would just encourage people to take on more debt next time, in the belief that they'd be bailed out -- nm
Posted by
Roger More (aka RogerMore)
Sep 24 '09, 13:56
(No message)
Responses:
There are drawbacks to be sure, but that "next time" might not be for 250 years.
-
Loyola
Sep 24, 13:57
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