4 ms·
ZIRP != "free capital". Debt still has to be amortized & secured, and eventually your bankers or cashflow will cut you off, which means there is still opportun
by fiatmoney 11y ago
ZIRP != "free capital". Debt still has to be amortized & secured, and eventually your bankers or cashflow will cut you off, which means there is still opportunity cost.
- hammock 11y agoAs mentioned Apple has $200 billion in cash reserves. I'd say that is pretty solid collateral