Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?
Nationality: American Type: Businessman Born: 1949 |
As I write at the end, if we step back and face the enormity of the torrent, then we have taken the first step to imagining what we might want to do about it.