If you owe money, you can't pay them out. You just pay for everything, you do smart things, you eventually get very rich.
Warren BuffettBut 300 million Americans, their lending institutions, their government, their media, all believed that house prices were going to go up consistently. And that got billed into a $20 trillion residential home market. Lending was done based on it, and everybody did a lot of foolish things.
Warren Buffett