 Quote:
Originally Posted by Retire Soon
We will all suffer from what happened today. There is no such thing as a free lunch.
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Maybe. But don't forget that we all benefited on the way up. These people went into debt and spent oodles of money. They gave banks record earnings. In fact, the entire market had record earnings. And, of course, they made the values of all of our homes go up.
Like you said -- there's no free lunch. We'll simply be paying for some of that free lunch we got on the way up.
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