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Yes, debt makes sense when talking of investment. However, borrowing is a bad choice when you are just trying to pay operating expenses. This is the dilema: nat
by spydum 15y ago
Yes, debt makes sense when talking of investment. However, borrowing is a bad choice when you are just trying to pay operating expenses. This is the dilema: nations have shifted from borrowing for investment purposes, to borrowing to keep the lights on.
- seanalltogether 15y agoPrecisely! Taking out a loan to pay for college should be seen as a good thing. Taking out payday loans to cover living expenses should be seen as a bad thing.