Friday, Jan 25, 2008

Debt is not Prosperity

Business Week: How Real Was the Prosperity?

"We're just beginning to figure out how much of the nation's recent growth was the result of a credit-induced frenzy. Here are some guideposts"

The US is ahead of us in this realisation, but we are catching up quick.

Posted by happyrenterz @ 08:06 AM (456 views) Add Comment

2 Comments

1. happyrenterz said...

Spending went up but GDP didn't.

Friday, January 25, 2008 08:43AM Report Comment
 

2. techieman said...

Eiree - i posted the interview above this without seeing your post - Weird!

Friday, January 25, 2008 09:08AM Report Comment
 

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