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Credit is loose right now, cash is king

By: bigballss



When credit gets tight ( happens in economic downturns). The money is flowing right now and at cheap rates. Hoarding cash doesn’t make sense when you can get it easily and cheap. The trick is the free flowing credit nozzle turns off fast, you don’t want to get caught in the musical chairs dance when the music stops. Long term debt puts you at risk. But no worries, it’s party time right now. 2020 is going to be awesome. Make hay while the sun shines then pick thru the meaty bones when the crash comes. Can’t wait for that!
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