Saturday, November 7, 2015

The Difference Between Public and Private Debt (Government Debt is a Pro...





This is a response to reading this article:

https://medium.com/@girlziplocked/why-amazon-isn-t-a-fucking-idiot-and-runs-a-deficit-f9d5734b68ec



A point I forgot to make was that while Amazon and Google may run "deficits" they are only two out of a sea of companies many who run into debt problems over time, and government being a more consequential institution shouldn't be taking similar risks.





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