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A comment on Russell Napier: The world will experience a capex boom. Parent comment
At most they compare debt to GDP. You almost never hear these panic pieces talk about debt vs equity.
Btw, if people are worried about debt, the first thing we should do is put equity financing on the same footing as debt financing.
As it stands, companies largely service their debt with pre-tax money but pay for their cost of equity with post-tax money.
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At most they compare debt to GDP. You almost never hear these panic pieces talk about debt vs equity.
Btw, if people are worried about debt, the first thing we should do is put equity financing on the same footing as debt financing.
As it stands, companies largely service their debt with pre-tax money but pay for their cost of equity with post-tax money.