3 ms·
I read that as an example to illustrate a point: it could also have said debt of $1000 with a debt ratio of 0.1 which is still pretty resilient.
by necovek 3y ago
I read that as an example to illustrate a point: it could also have said debt of $1000 with a debt ratio of 0.1 which is still pretty resilient.
- falcolas 3y agoResilient? Sure. Realistic for anyone with only $10k in assets? Not even remotely. Not in the market we have today. There are too many people who are using debt just to get their basic needs met, let alone something with enough permanence to be considered an asset.
- mym1990 3y agoWe're just using arbitrary numbers to demonstrate a point, we aren't trying to assess anyone's actual financial health.