Quote:
Originally Posted by Slava
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?
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that would've been true in a normal recession, but we're talking about the complete destruction of our economic foundation--where people lose all confidence in how the system works, not just the market conditions. The world is going bankrupt and just when you think we've hit rock bottom (last Monday) it goes lower (this Monday).
So you tell me, how much lower can it go?