Posted: Sep 26, 2013 10:23 pm
by stevecook172001
VazScep wrote:
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.
Sure. No problem. I'm going to go offline and type it up and will post it back here later.