4 ms·
>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.
by 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.