Neither a borrower nor a lender be;
For loan oft loses both itself and friend,
And borrowing dulls the edge of
husbandry.
- Polonius, from Hamlet by William Shakespeare
August 01, 2007
Neither a borrower nor a lender be... Have truer words ever been spoken? Just look around you today - both sides of this equation suck.
Posted by blogger at 8/01/2007
Labels: debt = slavery, hedge fund collapse, housin crash, housing bubble, mortgage implosion
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6 comments:
My mother always said that as a child when it came to loaning and borrowing clothes. It seemed absurd at the time yet as I grew older I understood more and that it wasn't the clothes but the concept. She grew up during the Great Depression and sewed much of her own clothing so I can understand why she extended the idea so far down the food chain or so to speak. I don't borrow or lend now but I still share.
Shoot, I'm worried the little ol' lady at the end of the block robs me!!!!!
I like the Gilligan's Island version better:
"Neither a borrower nor a lender be,
never forget, stay out of debt,
think twice, and take this good advice from me,
guard that ol' solvency,
there is one other thing, that you must do,
to thine own self be true"
makes sense to me.
greenspan said get a variable rate housing loan,oh for shame
Don't you know that you already ARE a debtor?
Or have you already sent in your $ 30K?
http://www.brillig.com/debt_clock/
Gilligan's island...great episode!
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