Image by Getty Images via DaylifeWhat happens when money is given to the people who have not worked for it? called easy money. It gets consumed and disappears. This is exactly opposite use of money as compared to investment where money grows.
The problem with this is that this effects not only the lenders and the borrowers but also the other people who had nothing to do with sub prime lending by weakening a healthy and vibrant economy.
No comments:
Post a Comment