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Non-Cattle Specific Topics
Coffee Shop
Don’t tell people what you know, KEEP THEM POOR!
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<blockquote data-quote="greybeard" data-source="post: 1563639" data-attributes="member: 18945"><p>I can see some as short term capital improvements being justified, just as I can see a house mortgage or truck note being justified. There are 'some' advantages to using Other People's Cash instead of your own, even with interest cost but there has to be an end game, and not just re-rolled over and over again year after year where one is always indebted..</p><p></p><p>Even the largest and most profitable companies in the nation have short term debt. Look at companies' annual report and it is plainly stated. Exxon, Microsoft, Dow Agra et al..</p></blockquote><p></p>
[QUOTE="greybeard, post: 1563639, member: 18945"] I can see some as short term capital improvements being justified, just as I can see a house mortgage or truck note being justified. There are 'some' advantages to using Other People's Cash instead of your own, even with interest cost but there has to be an end game, and not just re-rolled over and over again year after year where one is always indebted.. Even the largest and most profitable companies in the nation have short term debt. Look at companies' annual report and it is plainly stated. Exxon, Microsoft, Dow Agra et al.. [/QUOTE]
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Don’t tell people what you know, KEEP THEM POOR!
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