Subnostr

Unpopular opinion: it’s not “living beyond your means” if you get away with it in perpetuity. That’s just winning.

You gotta play the game you’re in. The game we’re in rewards people for buying assets on credit, then using those assets to lever up. I don’t make the rules.

rand0mguest2 1y ago

Leverage works until it doesn’t lol

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Discussion

jimbocoin 🃏 1y ago

Correct. OP was complaining about people who get away with it in perpetuity, which, IMO, is just playing the game well.

If you go bust, then you played poorly.

Laeserin 1y ago

I don't think it's even possible to go bust, anymore. Nobody wants to call in bad debts.

Laeserin 1y ago

If they call in the debt, they have to write down the loss and then they are also bankrupt. So, you can get debt extended over and over.