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Re:Anthony Bourdain on not having debt by ChuckMcM on Thursday March 16, 2017 @10:54AM (#13885477)
I resonate strongly with this position but don't think the media will ever be able to express the nuance well. I explain to people about the difference between borrowing to buy a farm tractor that lets you double the money per acre you can get on your farm, vs borrowing to buy a super elite electric car that only drives you to the same places (and usually at the same speed) as your old gas car did.

One debt increases your annual revenue for as long as you own it, the other increases your annual car expense as long as you own it (decreaing your revenue).

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