IN DEBT WE TRUST

The first “expense report” was invented as a confession form. It still feels like one.

✗ FAKE

More In Debt We Trust facts

The 2008 financial crisis was triggered by the collapse of mortgage-backed securities. Or as Wall Street called it, “Oops.”The first “emergency fund” was created after a man’s favorite chair broke. Disaster preparedness is personal.The first “economic bubble” was literally a bubble blown by a king’s accountant. It popped immediately, like most optimism.The first accountant invented spreadsheets to avoid emotions. Numbers don’t ask how you’re feeling.Gold is often considered a 'safe haven' asset during economic uncertainty. Nothing says “panic” like shiny metal.“Cash flow” was first described by a poet watching money leave his wallet dramatically.See all In Debt We Trust facts →

Explore more

📂 All In Debt We Trust Facts🔍 All Facts
The first “expense report” was invented as a confession form. It still feels like one. | SmartAss Facts