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This is exactly why low to zero interest rates are always a terrible idea. It incentivizes reckless borrowing, doing dumb things with the money like buy backs,
by linuxftw 7y ago
This is exactly why low to zero interest rates are always a terrible idea. It incentivizes reckless borrowing, doing dumb things with the money like buy backs, then when money dries up, we have a major problem. All entirely predictable. All these companies should go bankrupt. No more 0% rates.