PIIGS at the Trough

Feb 9, 2010 • Thinking Economically • 198 Views    No Comments

Debt can be complicated.
1.National borrowing is good.
It leads to growth and recovery.
In 1792, Alexander Hamilton said that a national debt could be a blessing. In 1936, John Maynard Keynes said that debt was good. Each realized that using someone else

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