Strategic Default: Watch Elites Freak Out To the Trend That Isn’t Happening. Today, January 11, 2011, 21 minutes ago | Mike Remember this guy? David Walker of the Peterson Institute gets nostalgic about debtors prisons for strategic defaulters. There is a norm asymmetry being ruthlessly exploited between how people and businesses view debt. Strategic default is not a phenomenon in any empirical data, but it is a boogeyman that needs to be ruth … Read More
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Author: timothymccandless
I have spent most of my professional life helping people who were being taken advantage of by systems they did not fully understand. View all posts by timothymccandless
The Hedge 
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