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This is an interesting point - I wonder how debt also impacts individual risk aversion and wealth accumulation and if these effects can be seen (measured) in th
by allenp 16y ago
This is an interesting point - I wonder how debt also impacts individual risk aversion and wealth accumulation and if these effects can be seen (measured) in the post-mid-century US.
- lsc 16y agoI would assume that debit would encourage risk-seeking behaviour. But, outside of real estate speculation, which, until recently has been seen as not very risky at all, I haven't seen it.