M
morganist
Really! Genius!
Uh-ohhhh. But what happens when we turn it around?
"When debtors default, recessions occur."
Ohhhhhh crap!![]()
When Nicholas Cage makes a movie, suicides go up. I can prove it. (You can look it up.)
Clue.
When you conflate micro and macro, strange things happen.![]()
It is both ways round but you will definitely get defaults if monetary output decreases.