Debt kills.

In crypto it kills quickly.

In fiat it kills slowly.

Debt has destroyed an untold number of companies. Debt has wiped away great nations. Debt has destroyed millions upon millions of lives.

I wish there was a way to convince the merchants of debt that they destroy all the things they borrow against.

Yet the seduction of debt is so great that people bowl over each other in a race to take on more debt.

...

I am off to transfer my HBD to savings for the 20% interest. The idea that debt kills applies to all equities except HBD which is the one exception.