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Posts tagged as “good debt”

A Farmer Far Afield – The Payoff Pitch

By John Mattingly

In previous articles the past couple months, “The Elephant in the Room,” and “Debt is a Four Letter Word,” I suggested:

A. The world economy is locked-in on a growth ethic. Though I believe there are good examples of the limits to growth, and although such limits make common sense, it must be acknowledged that over the last 50 years in particular, and perhaps the whole of human history in general, all predictions of such limits to growth have been swept away by innovation, substitution, and expanding (or manipulated) capital markets.