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Topic: Did Someone Say, "Bubble"?
Replies: 6   Last Post: May 12, 2013 3:02 PM

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Haim

Posts: 7,841
Registered: 12/6/04
Re: Did Someone Say, "Bubble"?
Posted: May 12, 2013 7:11 AM
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Bret Taylor Posted: May 11, 2013 1:14 PM

>I have zero sympathy for a person who gets so far in
>debt in college loans that bankruptcy appears the only
>way out.
>
>I have even less sympathy for whichever institution
>loaned them the money.


Bret,

In the history of humanity, no bank has ever made a living by lending money to people who cannot pay it back. You have to ask yourself the question: What's different this time?

Haim



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