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What A Bailout Is And Is Not: Or Why You Should Run Away From Your Debt
Body: There is a fundamental disconnect among many people about what they think is a "bailout," and what a bailout actually is. This disconnect is well represented by the following bumper sticker. The...
View ArticleIt's The End Of The World As We Know It, And I Feel Fine
Body: Well, maybe not fine, since the global economy is completely, totally, and irredeemably fucked (only a household debt jubilee can save us!). As we've been saying for a while around here, the...
View ArticleChains of Debt
Body: I originally wrote the following essay in late 2009, almost three years ago. I never got it published, though I did circulate it privately. At the time I theorized that debt was the common...
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