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Diving into Debt (3min.)

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  • Diving into Debt (3min.)

    Decent illustration of government spending.


    "Look before you leap" (3min.)

    Last edited by LargoWinch; May 08, 2009, 07:03 PM.

  • #2
    Re: Diving into Debt (3min.)

    I wish this video distinguished more carefully between spending and lending. Money spent on fiscal stimulus--politicians prefer the term "invested"--not be repaid. Not all of the money lent to banks will be repaid but likely more than half of it will.
    Ed.

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    • #3
      Re: Diving into Debt (3min.)

      Originally posted by FRED View Post
      Not all of the money lent to banks will be repaid but likely more than half of it will.
      "More than half" - I presume you mean in nominal value, not inflation adjusted .
      Most folks are good; a few aren't.

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