Harvard's Reinhart and Rogoff Publish Formal Correction
Is there really anyone out there that believes there is not a tipping point when government debt becomes a societal obstacle to economic growth--aside from idiot Krugman, of course?
Whoever knows he is deep, strives for clarity; whoever would like to appear deep to the crowd, strives for obscurity. For the crowd considers anything deep if only it cannot see to the bottom: the crowd is so timid and afraid of going into the water.
- Friedrich Nietzsche
|The Gross National Debt|