2min chapter

Agile Uprising Podcast cover image

Your Prioritization is $*%#! w/ Troy Lightfoot and Jay Hrcsko

Agile Uprising Podcast

CHAPTER

The Mathematical Equivalent of Robbing Peter to Pay Paul

flow debt is the mathematical equivalent of robbing Peter to pay Paul. There's three types of borrowers in finance: hedge borrowers, speculative borrowers and Ponzi borrowers. The people you can count on are those who just keep only paying back the interest for the most part. And what happens is that a lot of people are running a Ponzi scheme where they will consistently just keep borrowing from items constantly but have to pay it back later.

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