tag:blogger.com,1999:blog-8487128531050281473.post4611008029994712018..comments2024-01-08T14:24:03.718+00:00Comments on Economics Essays: From the Luddites to the UK Unemployment MysteryTejvan Pettingerhttp://www.blogger.com/profile/03405988099792035111noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8487128531050281473.post-48312450950422696232013-02-12T22:08:24.384+00:002013-02-12T22:08:24.384+00:00I was slightly amazed to see this post. To add s...I was slightly amazed to see this post. To add sovereign debt to household debt and commercial debt certainly gets you a number, but it's a meaningless number, like adding a length to a temperature.<br /><br />Sovereign debt isn't even really debt. It's a claim on a tiny slice of tax revenue in the future. Financial institutions don't buy sovereign to tide the Government jon liveseynoreply@blogger.com