09 October 2011

Balance-sheet repair

During the sabbatical year the private sector repairs its balance sheet while it suspends its operations, and the public sector kicks into operation goes into fiscal stimulus while it uses the chozeq years to repair its balance sheet. 
In the Biblical scheme, the two classes – the producing class and the impoverished class – serve the same role as the private sector and the government sector play in the modern economic schemes. 

No comments:

Post a Comment