If you owe the bank $100, that’s your problem.
— Michael Batnick (@michaelbatnick) May 6, 2020
If you owe the bank $25 trillion, and rates are at 0.5%, and the bank will lend to you in perpetuity, it’s nobody’s problem.
via Twitter https://twitter.com/michaelbatnick
May 07, 2020 at 01:59AM
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