Economist: No economic system that is centrally planned can efficiently allocate resources, and efficient allocation of resources is a necessary condition for achieving a national debt of less than 5 percent of Gross Domestic Product (GDP)
It follows that any nation with a centrally planned economy has a national debt that is at least 5 percent of GDP
Every mutual fund manager knows someone who trades on inside information, and no one who trades on inside information is unknown to every mutual fund manager. One must conclude that no mutual fund manager is unknown to everyone who trades on inside information.