[lbo-talk] wealth is not a zero sum game

[Jordan Hayes]

Ask your friends what they think of this article:

http://www.bloomberg.com/news/2014-03-10/debt-exceeds-100-trillion-as-governments-binge.html

   "The amount of debt globally has soared more than 40

    percent to $100 trillion since the first signs of the

    financial crisis as governments borrowed to pull their

    economies out of recession and companies took advantage

    of record low interest rates."

[...]

My position is that soverign debt is equivalent to unpaid taxes.

/jordan