"Business debt is just as dangerous as personal debt." They are barely related t...

jariel on Feb 8, 2020 | parent | context | favorite | on: Debt is coming to the tech industry

"Business debt is just as dangerous as personal debt."

They are barely related to the point they should probably even be called different things.

Business debt is to buy equipment to make stuff to sell at a profit.

Personal debt to buy a nice boat.

ghastmaster on Feb 10, 2020 [–]

The end goal is the same. The boat. I see no difference.