On 10 July 2010 15:40, Ken Schaefer <[email protected]> wrote: > Hi, > > > > As mentioned – debt itself isn’t the problem. It’s what you do with the > money that determines whether you are making sounds decisions or not. Many > individuals and corporations (and governments) make rational decisions to > borrow money and put that money to purposes that they believe are in their > best interests – whether it’s expanding a business, buying a house or > building a new road. >
Or building an NBN. What you're saying is that debt is good when you invest in infrastructure, not so good when you use it for bread and circuses. -- Meski "Going to Starbucks for coffee is like going to prison for sex. Sure, you'll get it, but it's going to be rough" - Adam Hills
