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To: bamahead
Capitalism does not exist without capital and debt is not, has never been and will never be a form of capital.

The economy has been running with monetary capital...someone else's excess capital, though. The big question is what happens when that someone either decides to stop lending or becomes unable to continue lending.

28 posted on 10/14/2008 9:09:26 PM PDT by rabscuttle385 (Baldwin/Castle '08 - Gilmore for Senator from Virginia '08)
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To: rabscuttle385

And now it’s running with government capital...

[shudder]


29 posted on 10/14/2008 9:13:31 PM PDT by bamahead (Few men desire liberty; most men wish only for a just master. -- Sallust)
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