Put on your bored caps, Buddy talks about the economy.
March 28, 2008
So, guess what, if you by stuff you can’t pay for, you end up losing money and putting yourself in a bad situation that takes a lot of time to recover from. And that’s true if your a:
First time home buyer
Fad realesate investor
Large bank buying / making highly speculative loans.
So this is what I don’t get, when I mess up my finaces, the government doesn’t swoop in like an uninteligent well meaning parent to pay off the car that I shouldn’t have bought, why do they do it for buisnesses.
We seem to have an unhealthy aversion to suffering. Suffering is a powerful teacher. I only stuck my finger in a light socket once. You?
Then you deserved it both times.
Unrelated inside joke of the Day:
“His spear was pointy.”
“His blog was accurate.”
“His wit was funny.”