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Borrowing money to buy stocks is cheaper than repatriating their foreign cash. They’re hoping the U.S. will offer another tax holiday for companies hoping to br
by macintux 4y ago
Borrowing money to buy stocks is cheaper than repatriating their foreign cash. They’re hoping the U.S. will offer another tax holiday for companies hoping to bring that money home.
- hackernewds 4y agoWhich is why interest rates being so low is a scam. Apple credit rating is also AA+ so they're borrowing at virtual nothing interest. Why use cash you can grow vs use more debt.