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Wednesday, February 18, 2009

We Can’t All Be In Debt

February 18, 2009 Economic Fundamentals

Stephen Gordon is a professor of economics at l’Université Laval and together with Nick Rowe writes the Worthwhile Canadian Initiative, one of the most informative reads on Economics news out there. He made a great point a while back that I keep forgetting to mention. Average Debt dosen’t exist. The debits and credits balance out. It’s a [...]

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