[cik2e]

That sounds like some good practical advice, but also slightly vomit inducing.

>> Economists such as Lord Adair Turner, the former chair of the British Financial Services Authority, have argued that innovation in the financial industry is often a form of rent-seeking.[24][25]

source: https://en.wikipedia.org/wiki/Rent-seeking

Do they not teach this stuff in an undergraduate business classes any more? "Float" was BIZ101 and in BIZ102 you learn how to read financial statements...

The "genius restaurateur" in the article rediscovered the art of not paying your bills with a credit card, i.e., the "debt trap".

[kccqzy]

> but also slightly vomit inducing.

It's similar to a payday loan, except for businesses. Maybe that's why the bad rep comes from. Of course with my personal experience the interest rate is nowhere as high.