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And the thing is that (I think!) more people are net debtors than net creditors and so this becomes extremely dumb quickly Like if I give a beggar with no debt a dollar boom he has more net wealth than the bottom 50% of Americans combined
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OK, I'm not an economist so I don't know what the terminology is, but is there a way to assign a value to creditworthiness? The people who can convince someone to lend them money, despite having exactly the same net worth as the beggar on paper, obviously have something more.
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