<div dir="ltr"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><span style="font-family:arial,sans-serif">On Wed, Jul 20, 2016  PM, Stephen Van Sickle </span><span dir="ltr" style="font-family:arial,sans-serif"><<a href="mailto:sjv2006@gmail.com" target="_blank">sjv2006@gmail.com</a>></span><span style="font-family:arial,sans-serif"> wrote:</span><br></div><div class="gmail_extra"><div class="gmail_quote"><div><br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div dir="ltr"><div class="gmail_extra"><div class="gmail_quote"><span class=""><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left-width:1px;border-left-color:rgb(204,204,204);border-left-style:solid;padding-left:1ex"><div dir="ltr"><span><div style="font-family:arial,helvetica,sans-serif"><span style="font-size:large"><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​>> ​</div>And without debt you couldn't have capitalism.</span></div></span></div></blockquote><div><br></div></span><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​> ​</div>Why not?</div></div></div></div></blockquote><div><br></div><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​</div><font size="4">Capitalism is about capital,<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​ </div>If I invent a brilliant new<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​ </div>widget<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​ </div>I'm going to need capital to mass produce them, so if I don't have the capital <div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​to do that ​</div>I'm going to have to borrow some. And if I borrow something I'm going to have to give it back<div class="gmail_default" style="font-family:arial,helvetica,sans-serif;display:inline">​,​</div> and that means I've incurred a debt. Without debt Silicon Valley wouldn't exist, even renaissance Italy wouldn't have existed without its banks.</font></div><div><font size="4"><br></font></div><div><div class="gmail_default" style="font-family:arial,helvetica,sans-serif"><font size="4">​ John K Clark​</font></div><br></div><div><br></div><div><br></div></div></div></div>