4 ms·

> because it becomes impossible to service the debt Those companies should have made more responsible financial decisions.

• weberer 4y ago
  *governments
• watersb 4y ago
  When the money was free (near zero interest rates), borrowing money to invest in capital was imminently responsible.
  • deleted 4y ago
    [deleted]
  • grecy 4y ago
    >borrowing money to invest in capital was imminently responsible It's funny how that is the view if a company does it, but not when an individual does it.
    • llampx 4y ago
      A company borrowing money to buy back stock sounds like me borrowing money to go on vacation. Rates are cheap, its a no-brainer right? Government will anyway bail me out as soon as a crisis hits, right?
    • weberer 4y ago
      Its still responsible when an individual does it. Do note the difference between assets and liabilities. And near 0% interest vs 25% credit card debt.
  • andrekandre 4y ago
    > borrowing money to invest in capital is it possible to explain what this referring to? stock buybacks or (productive) capital investments?