tag:blogger.com,1999:blog-2761684730989137546.post8827587399479468151..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Car rental giant Hertz files for bankruptcy as its vehicles remain idled by pandemic — John Solomonmike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-2761684730989137546.post-90959887763767935742020-05-23T12:13:57.991-04:002020-05-23T12:13:57.991-04:00Anomaly, or indication of systemic risk owing to d...<i>Anomaly, or indication of systemic risk owing to debt?</i> Tom Hickey<br /><br />Government privileges for private credit creation constitute a means for the more so-called "credit worthy" to steal from the less so-called "credit worthy" in terms of purchasing power and investment opportunity.<br /><br />It thus creates perverse incentives to go into debt.<br /><br />Ooops! Whocouldanode?Andrew Andersonhttps://www.blogger.com/profile/14296407661618321637noreply@blogger.com