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  • Jul 30, 2026, 3:41 AM

    DID YOU KNOW that

    Ivar Krueger, 'The Match King', invented off balance-sheet debt and made it a cornerstone of his financing?

    That was only *one* of his many achievements before he bankrupted himself, most of his investors, and many of his creditors, went a fair way towards crashing the world financial markets, and then committed suicide.

    Ah, those innocent bygone days of the early 20th century!

    Fortunately nothing like that could happen nowadays with our sophisticated financial systems.

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