GREY:ABGFF - Post by User
Comment by
bizwizon Mar 18, 2006 4:38pm
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Post# 10524656
RE: What About the Iranian Oil Bourse This Monday
RE: What About the Iranian Oil Bourse This MondayTheir debt is very relative with due consideration for the fact that first the wealth of a nation is based on its productive capacity and second the ability the government has to raise taxes to offset operational deficits is deemed as an essential instrument to combat debt and third much of the debt is owned by the central bank (the FED ) which can theoretically pardon such debt since it is acknowledged that the debt problem is basically an operational cash flow problem without the same consideration to be given to government as is given to corporations whereby inflows and outflows of capital have to meet to prevent bankruptcy (which obviously is conditional on the productive capacity of the nation) ...