broke? borrow!

Charles Brown CharlesB at CNCL.ci.detroit.mi.us
Wed Jul 5 10:41:56 PDT 2000



>>> dhenwood at panix.com 07/05/00 12:33PM >>>
Charles Brown wrote:


>Does this mean there is some kind of crisis around the corner or
>would that be a gloom and doom interpretation ?

It would be a gloom & doom interpretation. There was a debt-induced stagnation from 1989-93 in the U.S. - was that a "crisis"?

____________

CB: So, that factoid was basically an irony , a demonstration that being broke doesn't really mean being broke, since you can just borrow out of being broke with no negative consequence ? Maybe we've all died and gone to heaven.



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