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Change is Constant–Be Ready


I read this week that in late March Kenneth Rogoff, a Harvard economist, said regarding our national debt and the COVID-19 outbreak, “The whole point of not relying on debt excessively in normal times is precisely to be able to use debt massively and without hesitation in situations like this."

I respectfully (okay, maybe not so respectfully) disagree. We should NEVER rely on debt, especially in “situations like this.”

Right this very minute, we might be in survival mode instead of planning mode. But, like everything else in this world, this "situation", too, shall pass. 

Let us come out wiser and more determined to be prepared for the next “situation like this,” because we are certain to experience another “situation like this” in the future. Life pretty much guarantees it. 



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