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Personal Finances / Living Below Your Means

URL:  http://boards.fool.com/other-tips-if-you-screw-up-due-to-bad-business-30605384.aspx

Subject:  Re: How Bankers Live Below Their Means Date:  3/25/2013  8:22 AM
Author:  pedorrero Number:  872775 of 883907

Other tips: if you screw up due to bad business decisions, no problem! Other governments will bail you out (Cyprus, the EU), or you can help yourself to the savings of others (Cyprus). Can't happen in the USA? all the time ... since 2008 anyway (remember TARP, etc.)? "Privatize the profits, socialize the losses."
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