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Rury | 6 months ago
> I have noticed a lot of debt hysteria from people who don't seem to understand basic accounting. That is, one party's asset is another party's liability.
This is correct, but... let me ask you, would it concern you, if my asset is your liability? I mean, would it concern you if you had to pay for my house? How about everything it is I do? How would this not be a concern? If it is not, then why don't you publicly disclose your credit card?
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