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Non-Tech : The Economy is Bad - Bookmarks

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To: marcos who wrote (7)8/14/2004 11:23:06 AM
From: Graystone  Read Replies (1) of 15
 
Free Time
or
Free Money !!!!

Lots of free time=lots of free money.

I am not sure that the adage is true but it does raise an interesting point. At current spending rates most Western economies are living on borrowed time (read money). Comparing total debt rates to annual spending many economies are living far into the future already, borrowing a resource which cannot be paid back from the people they love the most, their children. Deficit spending is even worse, extending the time to pay the piper to eternity, apparently tomorrow will never arrive.
The bookmarks on these two threads are still tied, it is a subset of SI to be sure, but there you have it, half the people who have voted think the economy is good.

The Economy is Good
Subject 55106

The loonie made a .0121 cent jump on Friday, the largest single day move in 15 years.
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