The Next Big Crash - Are You Prepared?

[hyom]

one of my staff bought himself a brand new 3series n was the envy ard the others. Came in well dressed everyday, but does he know that every dollar i am paying him, i am making the same amt off him. And he uses hard work and his precious time to feed his indulgence. Likely he's blowing most of it iff servicing.his bmw loans/maintenance plus housing/food leaving little for other things.
Haha. And his boss ie myself drives a 9y old fully paid car. Pple seem to envy him more than his boss because those luxury items are staring at them.

Hi Paullow,
I definitely envy the boss(you) more than him. It is not rational that our society envies people with more liabilities (cars, country clubs) than people with assets (savings).

However, I think it is to your advantage that your employees take on debt to buy these trappings of life. Debt makes slaves out of all of us. So, you don't have to worry that he will quit his job if you reprimand him