Some articles on leverage:
... many previous financial crises, was blamed in part on "excessive leverage." However, the word is used in several different senses ... For most of this, "leverage" is a euphemism as the borrowing was used to support consumption rather than to lever anything ... such as speculative house purchases or buying stocks, were using leverage in the financial sense ...
Famous quotes containing the word accounting:
“At the crash of economic collapse of which the rumblings can already be heard, the sleeping soldiers of the proletariat will awake as at the fanfare of the Last Judgment and the corpses of the victims of the struggle will arise and demand an accounting from those who are loaded down with curses.”
—Karl Liebknecht (18711919)