Quote:
Originally Posted by Chatbrat
Debt keeps poor people poor and makes rich people richer. Avoid it like the plague.
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Some of the the largest corporations in the world disagree with you.
Very few of them don't have some type of debt.
They simply made the calculation that their debt service is less, than what they will benefit from when using that same money elsewhere.
If you're paying off a bond that is at say 5%, but you can make your money work in other places for you at 7%, then you are losing out....and that really isn't being very fiscally astute.
