I Guess “Going Into Debt” Is On Trend Now
Nicole Dieker

I had no idea that the Baader Meinhof gang also spawned a nickname for the recency effect/illusion. For a second, I thought you made a drastic pivot to a now-defunct terrorist organization.

This advice of going into debt to become liquid is really only applicable to small minority of people who a. have access to interest rates that aren’t bordering on extortion and b. will actually use that money to make more money, instead of spending it on unnecessary things that don’t actually improve your ROI.

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