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Good debt vs. bad debt

February 5, 2010

My debt feels like very bad debt. After college loans (undergrad and grad school) I’m left with barely enough to eat, see one or two films a month and pay rent.

And there is nothing going on that will markedly improve my income in the years to come. So my debt is bad.

But not all debt is created equal. Do journalists working the business pages need any background in economics? Do traders? Maybe they know something Krugman doesn’t.

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