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<p>[QUOTE=&quot;medoraman, post: 1303312, member: 26302&quot;]Well first, I don&#039;t have a clue where you get the assumption that we are paying 8% interest on our debt. That is a complete untruth on the face of it, its more like 2%. Therefor your interest expense per year would be $300 billion, not $1.2 trillion. Slight difference.</p><p><br /></p><p>Second, to say all financial transactions produce no value, and are simply a ponzi scheme is also untrue. Financial Institutions produce time/place/risk management value. I simply do not find any truth in that statement either, sorry. To say that you only count producing cars and other items as &quot;value&quot; today is a very narrow concept of the term. Even producing cars is producing value out of thin air, since the metal and plastic composing it is worth less than what the car sells for, the only &quot;value&quot; created is functionality difference, just like Financial Services.</p><p><br /></p><p>Just my opinion.</p><p><br /></p><p>Chris[/QUOTE]</p><p><br /></p>

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