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When the money was free (near zero interest rates), borrowing money to invest in capital was imminently responsible.
by 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 agoA 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 agoIts 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?