Nothing wrong with leveraging . It's like borrowing to gamble....

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    Nothing wrong with leveraging .
    It's like borrowing to gamble.
    It's that lately it's been allowed to grow to a point that if the the asset one holds corrects many will be wiped out .
    A few years ago banks were offering me stupid amounts of money I refused to take up the amounts offered . Even thou I could repay interest , long term I could never pay back the loan .
    I could have made a small future had I thought about it , but being conservative it was against my nature. thinking back it wasn't just me been offered money it was even your dog and cat. So some have made money but many more will be in big trouble When the correction hits in next few years .
    The party of the century will end , and the laughs will go quite , and the realisation of what to much leverage has done will come home roost.
 
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