'The fact that so many Americans remain fooled by Trump should lead to some serious national soul-searching.' (photo: Mark Peterson/New York Times) Paul Krugman / The New York Times 01 October 23 Ever since debt was invented in ancient Sumer , there have probably been people enriching themselves through bad investments. The trick is to make these investments using other people's money. Suppose, for example, that a wheeler-dealer uses borrowed funds to make risky investments in New Jersey casinos.
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