Delicious LiveJournal Links for 12-11-2009

[andrewducker]

• What do Christian Bale and Kermit the Frog have in common?
  (tags: christianbale funny muppets kermit)
• Which Countries Own Americaâ™s Debt?
  (tags: visualization debt capitalism usa)
• Why 802.11n took so long to standardise
  (tags: wireless business patents)
• Portion Size, Then Vs. Now
  (tags: food history health culture)
• Cherub - a short story. Which is very touching, and well worth three minutes of your time.
  (tags: life comics short_story touching)

Comments

[momentsmusicaux.livejournal.com]

Hang on, if we own a chunk of the US's debt, but we're massively in debt ourselves, then who owns our debt...?

[andrewducker]

Everyone owns everyone else's debt. That's how it works :->

[momentsmusicaux.livejournal.com]

So what if we cancelled out the mutually owned debts?

[andrewducker]

There is far more debt than there is money. Most money is created _as_ debt.