CNBC Mad Money July 13, 2024
Yet a whole generation of people did realize, they did, that you shouldnt take on too much debt. That you should live within your means, you shouldnt recklessly flip houses or create Financial Instruments no one can understand its a bad idea to take out loans youll never be able to repay. Its an even worse idea for the banks to write those kinds of loans. Look, people, it is just a fact. We got more frugal in this country. We got less reckless in this country. We got more prudent. The same way that my parents generation learned not to trust banks for decades after the Great Depression listen t...
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