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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: LLCF who wrote (14594)2/7/2002 4:53:18 PM
From: Ilaine  Read Replies (2) of 74559
 
My recollection was that Mq was pointing out that he thought he could get a better rate of return somewhere else, so it would make sense to borrow, no?

Mq wouldn't borrow millions at 1/2% unless he thought he could pay it back. If a) the economy was experiencing deflation or the currency was devaluing or 2) he did not have an expectation of a sufficient income stream, then he'd have no reason to do so.
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