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And lo on Tue, 12 Feb 2008 22:22:42 -0000, Jim Henderson
<nos### [at] nospamcom> did spake, saying:
> On Tue, 12 Feb 2008 09:18:34 +0000, Phil Cook wrote:
>
>> And lo on Tue, 12 Feb 2008 01:42:29 -0000, Darren New <dne### [at] sanrrcom>
>> did spake, saying:
>>
>>> Phil Cook wrote:
>>>> now it's - "please borrow money off us"
>>>
>>> ... which makes sense, when you realize that money is created by you
>>> borrowing it. If everyone actually payed back everything they owed,
>>> there would be no money left. Of course, that's mathematically
>>> impossible, since people necessarily owe more than they can ever own.
>>
>> Which is why I'm always amused when I read the headlines deploring the
>> our econmy works now.
>
> Thing that gets me is that what's good for individuals is bad for
> business (and vice versa). For example, one company I worked for was
> *proud* of being classified as a "late payer". On the personal finance
> side, that just doesn't work - it kills your credit rating.
'Hey we've just fired everyone and our share price has increased' Don't
see many politicial policies trying to split up families now do you :-)
--
Phil Cook
--
I once tried to be apathetic, but I just couldn't be bothered
http://flipc.blogspot.com
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