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If you borrow at 3% to invest in an asset that yields 10%, you can increase your position forever and will be rewarded.
by whatshisface 1y ago
If you borrow at 3% to invest in an asset that yields 10%, you can increase your position forever and will be rewarded.
- hackyhacky 1y agoSure, but that is not what is happening. In reality, debt is increasing faster than GDP and interest represents a larger part of the budget. Do you think that's sustainable?
- whatshisface 1y agoIt'll be even less sustainable if we cut investment spending in science in favor of uncapitalized spending.