3 ms·
I'd add a small caveat that it's irresponsible to buy liabilities with money you don't have. Buying appreciating assets with money you don't have is how our ent
by xboxnolifes 4y ago
I'd add a small caveat that it's irresponsible to buy liabilities with money you don't have. Buying appreciating assets with money you don't have is how our entire economy is based around, and is also what all of the rich people do.
- bruce511 4y agoI completely agree. With the proviso that the economy also revolves around the existance of consumer debt, and the willingness of huge numbers of people to squander it.