Not Enough Debt

No sooner was the ink on the virtual parchment dry than we became aware of this little nugget in recent press. It seems that really, debt problems are a figment of our imagination. So maybe it’s time to wind up this website already…

…Not. Of course, it’s telling that all this Orwellian doublethink is coming from an Investment Bank. People are rightfully wary about taking financial advice from gamblers – “put it all on lucky 7” – we think not. But that’s what this crowd essentially are. Admittedly, they have bigger expense accounts and sharper suits. But that’s about all.

But seriously for a moment, just whom are they talking about? They can’t be talking about any of our clients that’s for sure. I guess the message may be that if you’re able to invest money with Dresdner Kleinwort Benson, then you could afford a little more exposure to debt. And who are we to argue with that?

(Incidentally, we could not find the actual report and press release on the DKB website. Anyone who does and lets us know wins an Easter Egg)