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Re:America's 1% Has Taken $50T From the Bottom 90% by selectodude on Thursday February 11, 2021 @08:38PM (#26109868)
Apple is kind of a poor example here because they're borrowing money at extremely low interest rates and the collateral is all the money they have overseas. They took advantage of that one time 15.5 percent rate after the TCJA passed but they didn't stop earning gobs of money overseas. They're not taking on actual debt to finance buybacks, they're just creatively getting around tax laws.

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