ECONOMICS

Stimulus Maximus

“Debt is the prolific mother of folly and of crime.” — Disraeli

Ed Newman
3 min readApr 2, 2024

--

Photo by John Moeses Bauan on Unsplash

In the late 90’s a good friend of mine used to repeatedly express his concerns about personal debt in America. As time marched forward he would, from time to time, share stats about the enormous debt load being accumulated by American consumers. A few years ago he stated that personal…

--

--

Ed Newman

An avid reader who writes about arts, culture, literature & other life obsessions. @ennyman3 Look for my books on Amazon https://tinyurl.com/y3l9sfpj