Spending is just as good as saving, or even better. That was what Keynes' said--because unless people spend, the stuff is not going off the aisles, and more stuff cannot be produced, thereby putting the jobs of people who produce them into jeopardy.

But if no one saves, then how do people find the money to invest in new production and new ideas.

Wall street is the financial hub, and this is where it gets complicated and Binu bows out. Try Gishan. He understands (or pretends to) more than I do. He does teach corporate finance to MBA students.

Inoka Dayaratne
