Uncle Kaveh

When we were kids, our parents told us not to spend more money than we need to, to save for a rainy day, etc. In particular, borrowing money was always a bad thing. Being in debt was frowned on. But in the last few years, those in the know, government, banks, and economists, have been encouraging the opposite: spend more and if you don’t have the money, then borrow so you can spend. Continue reading →