Is debt good or bad?

Is debt good or bad?

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libcom.org/files/__Debt__The_First_5_000_Years.pdf
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Depends what you do with it.

All debt is bad

retard

this.

>t. guy who lives at home with mom

Debt should always be eliminated ASAP, but can also be used as leverage.

Debt is not bad if you know how to use the money. So for most, yes, it is terrible.

>muh krugman said debt is good

mortgage debt at like 2-4% is good

you can outearn it, especially with crypto

This. Look at the interest rate, the terms, and the asset that it's tied to.

>dude AMD should just pay for a 10 billion dollar fabrication plant in cash xd
retard

Debt is slavery-lite under a nicer sounding name.

debt is always good. Everyone should have some debt

Here's a book on the topic user:
libcom.org/files/__Debt__The_First_5_000_Years.pdf

jew detected

Good for banks
Bad for everyone else.

According to pecking order theory, companies taking on debt is a positive signal

is good to be bad, ffren

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depends on the debt
is your debt
>a passive form of income I.E. going into debt to buy a building which will generate revenue
or
>some stupid fucking consumer good or service like going into debt to visit Cabo on spring break for a sniff of puss

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good when used as a tool by smart people who make good decisions, bad in real life

Debt is like fire. Careful, or you'll get burnt.