The Art of Tetman Callis Economics It’s also known as “hallucinating”

It’s also known as “hallucinating”

“When you borrow a lot of money to create a false prosperity, you import the future into the present.  It isn’t the actual future so much as some grotesque silicone version of it.  Leverage buys you a glimpse of a prosperity you haven’t really earned.” — Michael Lewis, Boomerang

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