Posts Tagged ‘debt’

Teaching Your Child to Love Debt and the Fed’s Credit Bubble

Tuesday, March 23, 2010 20:39 7 Comments

Reader David Keuhn wrote me to tell me that he and his wife went to Walmart, and upon going through the clearance aisles, he came upon this game: CHARGE LARGE: Buy Big, Build Big, and Borrow Smart to Win. I am so glad he thought of me when he saw it! Now certainly, we know [...]

This was posted under category: Boom-Bubble Phenomenon Tags: , ,

Ford Econoline or Lifelong Debt?

Sunday, January 10, 2010 14:21 No Comments

You must read the story of Ken Ilgunas: “How do I afford grad school without going into debt? A ’94 Econoline, bulk food and creative civil disobedience.” Ken writes about his life living in a van to avoid the debt of Duke grad school, and that’s after he paid off his undergrad debt. Some of [...]

This was posted under category: Economics Tags: ,