Skip to main content

Posts

Showing posts with the label witches

Random Thoughts 19

Theories allow logic to be grafted to nonsense. The teacher who does not listen graduates a class that will ask no questions. Learning is a deliberate Q&A event. You can’t learn without asking questions and then discovering answers. Centuries ago, the people hunted witches. Now the witches hunt people. Both are wrong. ----------------------------------------------------------------------------------------------------------------- Debt .  The current US national debt is about $21T.  The current total debt of all Americans, including credit cards and mortgages is $13.3T.  The current non-financial corporate business debt securities and liability is about $6.1T.*  Basically, this means total US debt of consumers and corporations is slightly less than the national debt. *https://fred.stlouisfed.org/tags/series?t=corporate%3Bdebt -----------------------------------------------------------------------------------------------------------------