Borrowed Growth is unsustainable
Personal and business failure can be attributed to one single four-letter word. If products don't sell, or strikes hit production, or fraudulent activity harms the balance sheet, there will be one overriding issue that leads to the collapse of a business. Similarly, if an individual loses his job, or sees his mortgage payments or rent rise, or suffers uninsured losses then he may face bankruptcy because of a single issue.
That single issue, for both businesses and individuals, is debt. Read more
published March 12th 2012
published March 12th 2012