Quote:
Originally Posted by kwoldtimer
Tightening across the board - governments and citizenry both. Our future will be poorer.
|
In a sense, debt makes a place appear more wealthy than it actually is for a short period.
We all know the people who appear to have it all, but are about one mortgage payment away from losing it all.
"Only when the tide goes out do you discover who's been swimming naked" goes the quote by Warren Buffett.
I don't think the exciting times end when COVID-19 is contained. The hurricane is bad, but cleaning up the mess isn't going to be fun either.
Threaded Mode