Productive Debt

How much debt is it reasonable for individuals to undertake?  I propose two criteria for answering this question.  First, you must be able to service the debt.  Second, the debt should be “productive” in the sense that the benefits of the activity being financed are greater than the cost of the debt. 

These criteria . . . → Read More: Productive Debt

Bill_Watkins: Nicaragua gives Chinese firm contract to build alternative to Panama Canal http://t.co/DgAhTmOB24 Wonder if they will pull it off?

Bill_Watkins: Nicaragua gives Chinese firm contract to build alternative to Panama Canal http://t.co/DgAhTmOB24 Wonder if they will pull it off?

Bill_Watkins: The Feds report 175,000 new jobs. We had forecast 185,000. Why do people keep calling me a pessimist?

Bill_Watkins: The Feds report 175,000 new jobs. We had forecast 185,000. Why do people keep calling me a pessimist?

Bill_Watkins: Nice explanation of why Qualitative Easing is not working: http://t.co/7UbEgKGSNM HT @EconomicsOne

Bill_Watkins: Nice explanation of why Qualitative Easing is not working: http://t.co/7UbEgKGSNM HT @EconomicsOne

Bill_Watkins: Headline: Wealth tops pre-recession high Small print: but not if you account for inflation http://t.co/2HeguqpvoI

Bill_Watkins: Headline: Wealth tops pre-recession high Small print: but not if you account for inflation http://t.co/2HeguqpvoI