The recent discussion of money and its inherent value (only of that for which it can be exchanged) sent me back to my sketchy records of something I read back at the start of the present financial debacle (when the CDO’s first hit the fan so long ago). I posted this way back then on that other awful site, but it is still a good read and even has some familiar seasonal references.
Since ancient times, the notion of debt has been deeply interwoven into our culture, literature and social structure. With the global markets in turmoil, Margaret Atwood looks at the history and meaning of being in hock. Continue reading “Debtor’s Prism”