Many people worry about over-indebtedness and point to a default of borrowers. It is interesting how the view of debt is always the low-life borrower. In reality, the real stupidity rests with the lender. Many are pointing to US corporate debt and stating that it has grown to ……………………
Who is the Fool? The Borrower or the Lender?
Papiergeld kehrt früher oder später zu seinem inneren Wert zurück – zu Null.
— Voltaire