Start Consolidating debt for military

Consolidating debt for military

Louis Federal Reserve Bank investigation appears to confirm this: Is Government Spending a Free Lunch?

China’s coverage is conservative: But, you protest, what’s the quality of the underlying assets?

His successors have been less debt-averse but their more holistically-designed economy–all strategic resources, from finance to land, are owned in common–allows China to incur ninety percent of her debt when she borrows money from herself, without intermediaries, to create productive, publicly-owned assets.

The Chinese treasury may thus decide when and how to deal with non-performing loans without fear of contagion or disruption.

And investment is, of course, another name for debt.