Quote:
Originally Posted by Incinerator
add to that people with good credit who the lenders would favour more are generally people who are responsible about their finances.
Which means in these times of economic uncertainties, these are the same people who would tighten their belt and forego the luxuries, reducing spending and the stimulation to the economy...
So what is the point of making money cheaper to borrow for people who won't spend it?
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Well in truth the case for borrowing to invest is stronger by the day. Your costs to do so are dropping, and the margin of safety is increasing. People talk about buying low and selling high....well how much lower can you buy?