- Feb 26, 2011
Simple and elegant- the more debt, the smaller the impact of every marginal unit of debt on the real economy. Isn't it time to liquidate the debt and activate the key strength of the market economy- that those who lose get wiped away so that capital is reinvested productively- rather than propping up the losers at the expense of our ability to invent a new future? For me the picture sums it up so well and I don't want to rant. Therefore, I hand it over to you. Discuss.