Sarcophagus I understand that debt can be a interest trap etc and this additional debt may well cause even bigger problems down the track, but if you think every cent of that $500bil can only be paid back by more debt your delusional.
Your basically saying that everything from those 14 central banks to the the guy on the street who lent money to buy a car and everything inbetween including business(The list goes on and on) can only pay back the money through borrowing more is a little crazy. Please also respect that the interest is extremely low.
Please spare the lesson. I understand full well what got the world economy in this mess and how creating even more debt may well make it even worse. I'm not here to dispute this. I was just highlighting the threads misrepresentation of the Bernanke video.
