Brian Williams NBC Nightline Talks About Strategic Defaults
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4:27
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He says "an investment by definition, should have returns".. WRONG an investment is not guaranteed money. There is always risk involved. Risk management is key to investing. This guy will continue to fail at investing in the future, till he fully understands what investing is.
Sure walk away, and pay the penalty. But it becomes a moral issue when taxpayers have to pay for the mistakes of bad investors. It wasn't like that before.
snaxs2000 1 year ago