on much more interesting topic: what y'all think about corporate limited liability?
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what is this last one (I'm rather unfamiliar with corporate law)
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It's not a legal term, it's an economic one. Borrowing short-term and lending long-term. Good intro: http://econlog.econlib.org/archives/2008/10/monetary_instit.html …
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sounds Ponzi-like. will take a look into it, thanks
End of conversation
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