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View Diary: Debt is Good. (61 comments)

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  •  Very good points (0+ / 0-)

    but you seem to be taking the long way around, argument-wise. A simple analogy to how owing several entire years worth of income "owning" a house would be more direct. Debt itself is not a bad thing; as your poll (which I didn't bother with) suggests, it represents investment. But not automatically; there is such a thing as deficit spending which does not represent investment in anything but an active pipeline into private coffers.

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