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      01-10-2024, 06:54 PM   #59
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Quote:
Originally Posted by cfm56d7b View Post
Well said. But of course debt is not wealth.

Another perspective on debt not being wealth:

https://www.terramanta.com/post/the-...rds-in-q3-2023
not according to the us govt lol...

if you have 10 MIL of debt worth 20 MIL, you have a 10 MIL asset to your name... by and large thats how banking, the government, loans and our overall economy work... the moment that stops we will have a crash unlike we've ever seen before
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