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Tag Archives: distinguishing needs from desires
How Debt or Credit Becomes a Dangerous Tool in the Service of Desires
After the topic of “distinguishing needs from desires” in the last post, it looks but a result of natural progression to discuss about debt and its role in the “needs against desires” equation.
Posted in Credit Cards, Savings Discipline
Tagged "trading on equity", cursed plastic they call credit card, debt crises in the Euro zone and US, debt is a two-edged sword, distinguishing needs from desires, financial leverage, needs versus desire equation, temporary gaps in liquidity
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