{"id":112,"date":"2009-07-18T16:46:43","date_gmt":"2009-07-18T20:46:43","guid":{"rendered":"http:\/\/quotulatiousness.ca\/blog\/?p=112"},"modified":"2021-05-07T16:36:58","modified_gmt":"2021-05-07T20:36:58","slug":"qotd-leverage","status":"publish","type":"post","link":"https:\/\/quotulatiousness.ca\/blog\/2009\/07\/18\/qotd-leverage\/","title":{"rendered":"QotD: Leverage"},"content":{"rendered":"<blockquote>\n<p>American debt levels are hugely out of line with other countries.  I&#8217;m a big fan of American exceptionalism, but in this case, I&#8217;ll say that we&#8217;re at least partially in error.  We need to take the downside of leverage much more seriously, starting with our nation&#8217;s business schools.  OF course, I don&#8217;t expect people taking on $100,000 worth of debt to be too easy to persuade of the dangers of leverage.<\/p>\n<p>Megan McArdle, <a href=\"http:\/\/meganmcardle.theatlantic.com\/archives\/2009\/07\/learning_to_unlove_leverage.php\" target=\"_blank\" rel=\"noopener\">&#8220;Asymmetrical Information: Learning to (un)Love Leverage&#8221;, <em>The Atlantic<\/em><\/a>, 2009-07-17<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>American debt levels are hugely out of line with other countries. I&#8217;m a big fan of American exceptionalism, but in this case, I&#8217;ll say that we&#8217;re at least partially in error. We need to take the downside of leverage much more seriously, starting with our nation&#8217;s business schools. OF course, I don&#8217;t expect people taking [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":35193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[25,41,13],"tags":[71],"class_list":["post-112","post","type-post","status-publish","format-standard","hentry","category-economics","category-quotations","category-usa","tag-debt"],"jetpack_featured_media_url":"https:\/\/quotulatiousness.ca\/blog\/wp-content\/uploads\/2016\/06\/favicon.png","jetpack_shortlink":"https:\/\/wp.me\/p2hpV6-1O","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/comments?post=112"}],"version-history":[{"count":3,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/112\/revisions"}],"predecessor-version":[{"id":114,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/posts\/112\/revisions\/114"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media\/35193"}],"wp:attachment":[{"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/media?parent=112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/categories?post=112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quotulatiousness.ca\/blog\/wp-json\/wp\/v2\/tags?post=112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}