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Global Tipping Point:

Global Tipping Point: Good Debt Vs. Bad Debt - Which is Winning? Isn t Well, in a word, no. Broadly speaking, there are two types of debt. One of them actually adds value to the economy if handled in the right way, so you might call this a good form of debt. However, there s another type of debt (or credit) that hurts the economy. A classic quote from an Elliott Wave Theorist provides insight: Self-liquidating credit is credit that is paid back, with interest, in a moderately short time from production. Production facilitated by the loan generates the financial return that makes repayment possible. It adds value to the economy.

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