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Many things in the world are radically different, and the economy especially is a different beast. The point about avoiding debt for example, is hardly relevant
by andrepd 5mo ago
Many things in the world are radically different, and the economy especially is a different beast. The point about avoiding debt for example, is hardly relevant for businesses (even if it's generally good advice for personal debts.
- goodmythical 5mo agoIt wasn't true even then. Leverage has been an accelerator for a long time. Precious few of the world's largest businesses were built out of single pocket book.