Page 3 of 3 FirstFirst
1
2
3
  1. 2012-10-24, 05:22 PM #41
    Beavis
    Beavis is offline
    Herald of the Titans Beavis's Avatar
    10+ Year Old Account
    Join Date
    Dec 2011
    Location
    Van down by the river
    Posts
    2,843
    Good video, nice to see somebody explain sovereign debt without the usual histrionics.
    When survival is the goal, it's into the spider hole!
    Reply With Quote Reply With Quote
  2. 2012-10-24, 10:11 PM #42
    ashblond
    ashblond is offline
    Epic! ashblond's Avatar
    10+ Year Old Account
    Join Date
    Jul 2009
    Posts
    1,669
    Quote Originally Posted by Rukentuts View Post
    Because if I owe you $10, and you owe me $5, why can't I just pay you $5 and we call it even?
    You are automatically assuming debts are money / bank note / numbers on bank account.

    It can also be physical assets, which people may not want to trade with each other.
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Social Media

Services

My Account

Support

Advertise

Resources

Terms of Service

Privacy Policy

Our Communities

© 2023 Magic Find, Inc. All rights reserved.