Risk Pearls of Wisdom

4.12 I got myself a Cadillac but I can't afford the gasoline


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Several of my podcasts draw on historical financial calamities.  This time round I am making the prediction that because the loose lending for car purchases, the bubble for everyone to drive around in fancy cars, regardless of financial situation can only end badly.  The podcast introduces to a critical technique of risk management that is to have a risk nose and to join the dots.


(In the seventies, the late Bon Scott was the front man for AC/DC.  Their Powerage album has a track called Downpayment Blues.  This episode title is its chorus line)

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Risk Pearls of WisdomBy Risk Pearls of Wisdom