Yeah, leverage is probably one of the best/worst concepts to ever happen. It's why an airline goes bankrupt every few years, and the primary reason why banking

Yeah, leverage is probably one of the best/worst concepts to ever happen. It's why an airline goes bankrupt every few years, and the primary reason why banking crises happen. But leverage is also the thing that allows me to buy a house or a car on credit rather than outright with cash. Leverage is kind-of like guns. I want me to have it because I'm responsible and can handle it appropriately. But I'm not sure that anyone else should be allowed to have it. (I'm personally for arming people more rather than less, but it seems like it'll hit home for a lot of folks)