Date: Sat, 6 Dec 97 1:32:31 EST From: boddhisatva <kbevans-AT-panix.com> Subject: Re: M-I: Re: Global Warming Dennis, Your concept of debt reminds me of several quite conservative capitalist commentators, Jimmy Rogers, the currency speculator, among them. The debt that the US owes it's foreign creditors is the very highest grade debt available. In other words the how of how to pay it back was clear at the time of issuance. The only problem with US foreign debt is that these customers for our debt may have bought their limit, meaning no increase and very possibly a net decrease in demand for our debt going forward. Release your Marxist fear of debt. It's what makes the world go around. peace --- from list marxism-international-AT-lists.village.virginia.edu ---
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