3min chapter

Tom Bilyeu's Impact Theory cover image

WARNING: What You Need To Know About The UPCOMING RECESSION! (How To Prepare) | Raoul Paul

Tom Bilyeu's Impact Theory

CHAPTER

Why Humans Love Leverage Above All Things

Leverage allows you to borrow future money to use now. People love this stuff because it brings their future expectations of themselves closer. It's kind of a trade off, ecause you're actually in debt and you now owe somebody. You don't actually own the car. You own the ability to use the car until you pay that off. It's the same with ha house, really. And the other point is for investments, people love to borrow money now,. bcase the you can make a bigger investment now. But the trade office is, what happens if that goes wrong? Then, before you know, you get a margin call or liquidated. So humans just love this

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