Government Debt Isn't the Problem—Private Debt Is
The Roaring Twenties, the Japanese boom of the '80s, and the U.S.'s in the early 2000s have one thing in common: They were debt-fueled binges that brought these economies to the brink of ruin.
Richard Vague
Richard Vague is the managing partner of Gabriel Investments and the chairman of the Governor’s Woods Foundation, a non-profit philanthropic organization. He is the author of The Next Economic Disaster.
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