Debt by definition isn't bad, but when all assets are debt based it becomes a sick debt based ponzi scheme where the ones that get to take out the debt first benefit and give that debt to someone else to pay off at a higher interest rate

I think moving to a equity based system where you borrow against something and not potential future income is the way to go. It could be borrowing against your business assets, borrow against your home, against your Bitcoin and make sure all borrowing is over collateralized so lenders are safe too.

Until then its going to be quite the shit show, we're all going to get hurt from it or well most of us will so hopefully I can still afford popcorn so I can enjoy watching it all unfold

!BEER

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