Debt is easy to avoid. Herewith some blinding wisdom: If you can’t pay for it, don’t buy it. You saw it here first...He also comes up with a new name for the TSA that I hadn't heard before, (unprintable here).
Or how about this? Don’t buy more house than you can live in. Move over, Keynes, Ricardo, here I come.
Who made the bad loans? Permit me another searing insight. If you lend money to people who can’t pay it back, they won’t. I know, I know, a difficult concept. Not something a Wall Street banker would know.
Go read it all at Fred on Everything. and enjoy a good Saturday laugh.
Happy Saturday!
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