IN DEBT WE TRUST

The first bond was issued because someone wanted to borrow money and also sound classy.

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Credit scores were originally determined by how confidently you nodded. Which explains why chaos has excellent limits.The first escrow account was invented because nobody trusted anybody. Finance is basically distrust with paperwork.The first bank statement was just a list of regrets. Formatting has improved, content hasn’t.Recession is defined as two consecutive quarters of negative GDP growth. Economists’ polite way of saying, “Good luck, everyone.”The first loan agreement was sealed with a handshake and a suspicious stare. Legal departments cried from the future.ATMs were first introduced in 1967 in London. Finally, a machine that judges your balance silently.See all In Debt We Trust facts →

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The first bond was issued because someone wanted to borrow money and also sound classy. | SmartAss Facts