Peterson now owes 8.3 million

[Guest]

Maybe I'm an ass but really don't give a damn about Peterson or his debts.

[Guest]

@"PSBLAKE" said:
the dumb one is the lender.  

In almost every city the banks have the tallest, shiniest
buildings.  We clearly learned in 2008,
that lending money to people that can’t pay it back is very profitable, and if
a perfect storm happens where all the bad loans default at the same
time, the government will just give them money.


They aren’t dumbing themselves into riches.

[Guest]

@"medaille" said:

@"PSBLAKE" said:
the dumb one is the lender.  

In almost every city the banks have the tallest, shiniest
buildings.  We clearly learned in 2008,
that lending money to people that can’t pay it back is very profitable, and if
a perfect storm happens where all the bad loans default at the same
time, the government will just give them money.


They aren’t dumbing themselves into riches.

true Peterson more a tongue in cheek comment than anything else.  Like the casinos they dont build them cause everyone wins