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While I an advocating [...] stop–the debt associated with unnecessary consumption, I’m very much in favor of investment in new companies, ideas and eduction In
by andreyf 18y ago
While I an advocating [...] stop–the debt associated with
unnecessary consumption, I’m very much in favor of investment in new companies, ideas and eduction
Investment isn't debt. When I found a company and sell stock to investors, I'm selling them a piece of the company - something I've convinced them is worth more than the money they're paying.
- whatusername 18y agoBuying new plant, running a startup on cc's, etc - are all business debt. (and "investing" in your own company)