[ExI] A world drowning in excess savings

[Dylan Distasio]

It's not companies.  They've been happy to take advantage of cheap loans:

https://markets.businessinsider.com/news/stocks/us-corporate-debt-10-trillion-record-percentage-economy-expert-warnings-2019-12-1028731031

As an aside, and in the interest of full disclosure, I put zero stock in
Krugman and think he's a partisan hack.   He lost his way a very long time
ago regardless of his prize.

On Tue, Feb 18, 2020, 9:34 PM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

> Who is doing this “excess saving”? Rich people? Companies? Governments
> clearly aren’t, because, you know, deficits.
>
> SR Ballard
>
>
>
>
>
> > *On Behalf Of *Keith Veronese via extropy-chat
>
> *Subject:* Re: [ExI] A world drowning in excess savings
>
>
>
> >…I won't rest until Dave Ramsey is in jail for this.
>
>
>
> Ramsey has done untold damage!  He is the one who has been encouraging
> young couples to act with fiscal responsibly.  His treacherous un-American
> tagline: The Dave Ramsey Show, where cash is king, debt is dumb and the
> paid off mortgage is the new BMW as the status symbol of choice!
>
>
>
> Heh.  That debt-free scream stuff hasta go too.
>
>
>
> spike
> _______________________________________________
> extropy-chat mailing list
> extropy-chat at lists.extropy.org
> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.extropy.org/pipermail/extropy-chat/attachments/20200218/2b99a613/attachment.htm>