I heard a funny line today on a podcast I was listening to. “The Banks, there richer than you think.” Yes indeed they are – a strong and solid banking system is crucial to our economic system. We would likely all agree to that. However, we do wonder when we see profits that simply continue…
Tag: savings
The UP escalator
The down escalator is faster than the up escalator. That’s the saying of a friend of mine. The first time I heard him say it, I was caught off guard. “What was that? The down escalator?” He was referring to the ability we have to accumulate debt versus our ability to accumulate savings. Compare your…
