IN DEBT WE TRUST

“Bullish” was originally a compliment for stubborn people. Finance just made it louder.

✗ FAKE
'Bullish' in finance describes optimistic markets, in contrast to 'bearish'. The terms are associated with how bulls and bears attack, and the exact origin is debated. It was not a compliment for stubbornness.

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The first “amortization schedule” was written to punish joy. It succeeded globally.The first time someone “priced a round,” they used a ruler and pure audacity. Precision, optional.The first time someone said “we’re pre-profit,” a banker coughed politely for 12 minutes.Recession is defined as two consecutive quarters of negative GDP growth. Economists’ polite way of saying, “Good luck, everyone.”The first recession started when a rich person said “I’m cutting back.” Everyone else immediately panicked.Cryptocurrencies are decentralized and operate without a central bank. So basically, it’s chaos with better marketing.See all In Debt We Trust facts →

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