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The Problem with the "Evil Rich"

April 22, 2009

In this era of massive government spending, a huge government deficit, untold amounts of consumer debt, and stories of layoffs after layoffs, some have come to wonder how those who have money achieved their wealth. Those some have come to the conclusion that the evil rich through trickery and deceit.

The Importance of Debt

March 7, 2009

If you read my previous blog on the economy, you’ll see how I explain recessions as part of the inherent flaw of capitalism. As a recap, it is essentially because business people need to earn more than their customers, and their customers need to make more than the business people. This concept would make one wonder how capitalism works at all.