Problem
We have talked about the numbers around debt - the tools of debt. Please read the following story from WSJ and analyze based on who in the Financial world will be impacted, in what ways - who will win and who will lose, and why is this important. Please relate the issues back to the market and Time value of Money topics.
And remember, ANNUITIES ARE A FORM OF DEBT - who is the lender and who is the borrower? And Why?