What You'll Miss About the Recession

I was talking to a colleague recently about a company that paid off an onerous debt load, freeing it from the chains of creditors. I thought this was a great thing, which seemed like the obvious response. He convinced me otherwise. "All companies should have a little debt" he said. "Just enough to keep them focused, less distracted by temptation, and think twice before blowing money on bad ideas." Too much freedom can be devastating, as trust-fund babies, lottery winners, and bored retiree often demonstrate.