Rough Economics

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ckyap

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If wealth is a car, petrol would be liquidity and engine oil, money. Cars are assets as well as liabilities so cycles of bear and bull occur. Big cars are growth, fast cars beat inflation, tough cars create employment. What say you?
 

VirtualGlobalPhone

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ckyap , good "analogy" for car lover to start a new business.

Whats important is who is the passenger in the car and which location.
 

laugh

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If wealth is a car, petrol would be liquidity and engine oil, money. Cars are assets as well as liabilities so cycles of bear and bull occur. Big cars are growth, fast cars beat inflation, tough cars create employment. What say you?
This is a great analogy! Very apt and accurate :)
 

ckyap

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Thx! It's amazing how many people are misinformed over finance and business yet buy things and handle cash everyday based on others' experiences or leads!
 
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