Re:Economic Pessimism Growing in U.S.
by fny on Tuesday May 31, 2022 @03:16PM
(#31573652)
Something to this effect. Use borrowed money to buy more assets.
In reality, this is terrible advice if you can't service the interest. It's a scheme that worked in a low rate environment, but likely will no longer be viable.
In reality, this is terrible advice if you can't service the interest. It's a scheme that worked in a low rate environment, but likely will no longer be viable.