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Non-Tech : Alternative energy

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To: Doren who wrote (9372)11/19/2010 2:41:07 PM
From: Jacob Snyder  Read Replies (1) of 16955
 
<smarter for them to borrow as much money as they can while rates are artificially low>

Debt is an addiction. Low interest rates, and lending without regard for ability to pay back the loans, is how the banks get us all addicted. Addicts eventually crash; the principal needs to be paid back someday. Governments, corporations, homeowners, they all get themselves in trouble this way.

FSLR is the only solar that currently meets Rule #3, internal funding of capex. Even with low interest rates, interest payments are becoming an important expense for the Chinese solar companies. As they move into Systems, their debt will increase further.
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