#70 - Difference between Private and Public Debt (Why Government Debt is a Problem)
This is a response to reading this article:
https://medium.com/@girlziplocked/why-amazon-isn-t-a-fucking-idiot-and-runs-a-deficit-f9d5734b68ec
A point I forgot to make was that while Amazon and Google may run "deficits" they are only two out of a sea of companies many who run into debt problems over time, and government being a more consequential institution shouldn't be taking similar risks.
Support Alex at Support.AlexMerced.com
Buy his recommended books at Books.AlexMerced.com
EMail Alex at EmailAlexMerced@gmail.comSupport the show
https://medium.com/@girlziplocked/why-amazon-isn-t-a-fucking-idiot-and-runs-a-deficit-f9d5734b68ec
A point I forgot to make was that while Amazon and Google may run "deficits" they are only two out of a sea of companies many who run into debt problems over time, and government being a more consequential institution shouldn't be taking similar risks.
Support Alex at Support.AlexMerced.com
Buy his recommended books at Books.AlexMerced.com
EMail Alex at EmailAlexMerced@gmail.comSupport the show
Activity