Get spiked by email. Today, we are forever scrutinising our dialogue and conversation, looking out for offensive and insulting content. Of course, words, especially demeaning or degrading ones, have always had the capacity to hurt peopleâs feelings. But itâs different today.
Observers have ruminated on the potential value of the works at the Detroit Institute of Arts, the city's collection of classic cars, even its zoo animals. But the sale of any of those assets would just be a drop in the bucket. At $18 billion, Detroit's staggering debt is simply a lot to wrap one's head around. Even the city couldn't fully comprehend the magnitude, it seems, until Emergency Manager Kevyn Orr actually went ahead and filed for Chapter 9 bankruptcy. How could a city of 701,475 people rack up $18 billion in debt?
If you cut corners, then youâll incur technical debt. In other words, technical debt is generally the sacrifice of quality for speed. In this example, the debt is strategic in that a conscious decision was made to create debt.Think of a credit card; I buy something now at the expense of my future buying power.t is sometimes also referred to as âdesign debtâ or âcode debt.â. (Related: How to curb your technical debt). Hereâs how the metaphor works: Suppose you have a bit of functionality that you just have to deliver quickly.