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Politics : Ask Michael Burke

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To: Tommaso who wrote (73864)1/17/2000 10:46:00 AM
From: lorrie coey  Read Replies (1) of 132070
 
OK...how about Credit? We run on Credit, which is 'virtual'.

Debt is 'actual'.

[there's more debt globally than there is equity...]

Gold has been replaced by 'Interest'.

I must dig up that book, 'The Death of Money'.

Oh, the Derivatives.

PS. I wasn't implying that debt was a good thing...but it is what makes the wheel turn. When the music stops, we know there ain't enough chairs for Everyone...that's why we have the InsuranceMedicalIndustrioFinancial Complex...

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