top | item 47052213 (no title) konart | 12 days ago I think you do not quite understand what debt is. Just like most people in our beloved Russia. discuss order hn newest mdavid626|12 days ago Or maybe you don’t understand what debt actually is. wiseowise|12 days ago Right, it must be biggest country in the world with the economy size of Italy, ostracized by everyone except other outcasts, fully dependent on selling cheap carbon fuel under market rates, and that struggles to occupy Donbass for 12 years. unknown|12 days ago [deleted] konart|12 days ago Say I produce furniture.I borrow from you. I now have debt.I sell furniture. Now I can pay you back some part of it (up to 100%).You (and other parties) see that I'm quite good at what I do and my products sells.I now can borrow from you and other parties again to produce more (and possibly diversify my business).I sell more, I open new businesses etc. I pay you and other parties back. And borrow again.I can and will have debt (and it will grow over time) because this is what allows me and my business to grow.I can borrow and be in debt till the day I die.This basic concept is too foreign for people for whom "debt" is just a sum of money they borrowed from their friend and somehow now feel ashamed. load replies (1) squidbeak|12 days ago Debt is the money supply.
mdavid626|12 days ago Or maybe you don’t understand what debt actually is. wiseowise|12 days ago Right, it must be biggest country in the world with the economy size of Italy, ostracized by everyone except other outcasts, fully dependent on selling cheap carbon fuel under market rates, and that struggles to occupy Donbass for 12 years. unknown|12 days ago [deleted] konart|12 days ago Say I produce furniture.I borrow from you. I now have debt.I sell furniture. Now I can pay you back some part of it (up to 100%).You (and other parties) see that I'm quite good at what I do and my products sells.I now can borrow from you and other parties again to produce more (and possibly diversify my business).I sell more, I open new businesses etc. I pay you and other parties back. And borrow again.I can and will have debt (and it will grow over time) because this is what allows me and my business to grow.I can borrow and be in debt till the day I die.This basic concept is too foreign for people for whom "debt" is just a sum of money they borrowed from their friend and somehow now feel ashamed. load replies (1) squidbeak|12 days ago Debt is the money supply.
wiseowise|12 days ago Right, it must be biggest country in the world with the economy size of Italy, ostracized by everyone except other outcasts, fully dependent on selling cheap carbon fuel under market rates, and that struggles to occupy Donbass for 12 years.
konart|12 days ago Say I produce furniture.I borrow from you. I now have debt.I sell furniture. Now I can pay you back some part of it (up to 100%).You (and other parties) see that I'm quite good at what I do and my products sells.I now can borrow from you and other parties again to produce more (and possibly diversify my business).I sell more, I open new businesses etc. I pay you and other parties back. And borrow again.I can and will have debt (and it will grow over time) because this is what allows me and my business to grow.I can borrow and be in debt till the day I die.This basic concept is too foreign for people for whom "debt" is just a sum of money they borrowed from their friend and somehow now feel ashamed. load replies (1)
mdavid626|12 days ago
wiseowise|12 days ago
unknown|12 days ago
[deleted]
konart|12 days ago
I borrow from you. I now have debt.
I sell furniture. Now I can pay you back some part of it (up to 100%).
You (and other parties) see that I'm quite good at what I do and my products sells.
I now can borrow from you and other parties again to produce more (and possibly diversify my business).
I sell more, I open new businesses etc. I pay you and other parties back. And borrow again.
I can and will have debt (and it will grow over time) because this is what allows me and my business to grow.
I can borrow and be in debt till the day I die.
This basic concept is too foreign for people for whom "debt" is just a sum of money they borrowed from their friend and somehow now feel ashamed.
squidbeak|12 days ago