Posted: Sep 26, 2013 6:09 pm
by VazScep
stevecook172001 wrote:All of the above is the reason why governments shit themselves when growth stops because, when that happens, the ponzi-scheme money-supply promptly collapses.
I've read this stuff before, but rarely see this part filled out. Can you have a go? "Collapse" is a scary word, and "prompt collapse" is scarier. During recession, how do defaults on the loans factor in, to start with.