IN DEBT WE TRUST

The first financial crisis started when someone said “this can’t possibly go wrong.” It went wrong immediately.

✗ FAKE
Financial crises have many causes, such as excessive debt, speculation and loss of confidence. The claim that one began with a single sentence is a joke.

More In Debt We Trust facts

The Great Depression began with the stock market crash of 1929. And yet people still think “buy the dip” is financial advice.The first “amortization schedule” was written to punish joy. It succeeded globally.The first “side hustle” was invented by a peasant who refused to be financially humble. Respect the grind, even medieval.The first piggy bank was a real pig with a savings pouch. The pig retired wealthy and smug.The first “due diligence” checklist included “is the founder lying?” Finance stays poetic.The first bank vault was built after someone realized mattresses have limits. Security is just upgraded paranoia.See all In Debt We Trust facts →

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