@tnekkc The assumption Kahn makes in that statement is that everbody acts logically, with data and statistics and margins of error and whatnot. Of course there are idiots out there who 'think' they have some great idea and would borrow at ridiculous high interest rates. Just watch an episode of "...
@yrebrac The only thing he did differently in this video compared to other videos is that he drew the reserves below what he previously had. If you could imagine him drawing it on top, he would've initially drawn it as a liablity, which makes you correct, but then he wouldve had to balance it out...
@tnekkc The assumption Kahn makes in that statement is that everbody acts logically, with data and statistics and margins of error and whatnot. Of course there are idiots out there who 'think' they have some great idea and would borrow at ridiculous high interest rates. Just watch an episode of "...