Thursday, 19 July 2012

good piece, re Understanding Debt Leverage: Personal vs. Banks

Understanding Debt Leverage: Personal vs. Banks:

This is a brilliant, basic explanation of what leverage is.. must read for those that don't understand.. suggest you click through.

leverage

"Give me a lever long enough and a place to stand and I will move the entire earth."
Archimedes (c. 287-212 B.C.)