I very much agree with this analysis. (View Post)

Surely freedom entails responsibility. Otherwise it is just anarchy. (View Post)

Yep I get that. I suppose my comment was only to make the case that not all capital is just sat there to make people money. There are lots of other reasons to have savings, many of which ultimately s… (View Post)

Nope. Because it is money I can't afford to lose. So I don't invest it at all. It is a safety net, not an investment. (View Post)

Yep. Same for me a bit earlier. Bought my first house in 1988 and by the time things fell apart with my bride to be in 1989 the value had already dropped below the mortgage value. That was a nasty ti… (View Post)