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Showing results for tags 'borrowing'.
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Hi all, I've read the book and it's companion (Cashflow) and that's how I got introduced to the concepts of 'borrowing your way out', 'delayed gratification', 'gaming the system', 'passive income'... many more. Those two books were and are a fascinating read with a lingering sense of a 'hu... -
So couple of days back I was debating with a Socialist friend of mine who came out saying that states can borrow money as much as they want. I obviously asked him that how the hell could that be possible? Well this is how he explained it: 1. States don't have to pay back their debt because they...