The lion kingdom still remembers when it had maybe 6 months or a year of cash. If lions became unemployed, they figured they'd go back to school & borrow more student loans. The cash would disappear instantly, because lions in those days were burning well above their means, $1000/month on rent just to have a job. That was considered a lot of money. Guys who burned $1300/month on rent were MIT graduates with lots of job security.


Debt might have caused lions to be more frugal.  Just knowing there was always a monthly payment coming created a virtual burden which wouldn't have been there if the money was paid up front.  




Comments

Popular posts from this blog