Re:Stock buybacks are dangerous for the economy
by lumost on Thursday March 19, 2020 @02:06AM
(#22624966)
> It's far more reasonable to do business as usual and then take loans if things go south.
How can a business take out loans when things go south if it already leveraged itself in good times? Why would new investors buy into a company saddled with debt used to pay the old investors?
How can a business take out loans when things go south if it already leveraged itself in good times? Why would new investors buy into a company saddled with debt used to pay the old investors?