3 ms·

> Is there any reason not to "borrow" when you're being paid to do so? You still have to pay it back in the future and you can live beyond your means to the po

• danmaz74 7y ago
  Investing in crumbling infrastructure wouldn't be 'live beyond your means'.
  • starbugs 7y ago
    I was talking about issuing debt for the sake of being incentivized to do so, because of negative interest rates. Infrastructure investments that are profitable later on are a different story. However, I live in Germany, and when I go out I don't see any crumbling infrastructure. There's certainly potential for improvements, but it's not as if we're living in a crumbling country.
    • throw0101a 7y ago
      > I was talking about issuing debt for the sake of being incentivized to do so, because of negative interest rates. I, the GGP, was not talking about borrowing just because one can. But in the context of this story--Germany being tight fisted. The Germany army has been using broomsticks in place of weapons: * https://www.independent.co.uk/news/world/europe/german-army-paints-broomsticks-black-to-resemble-machine-guns-in-nato-exercises-10054468.html https://www.independent.co.uk/news/world/europe/german-army-... See also Navy: * https://www.thedrive.com/the-war-zone/22064/ https://www.thedrive.com/the-war-zone/22064/ I'm sure there are things that need to be fixed or upgraded. There's nothing wrong with being prudent with money, but Berlin has a fetish about it; it caused all sorts of problems during the Euro crisis (2010-2011).