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by jsdwarf
865 days ago
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Have a slightly different view. In times of high interest rates, you are rewarded for profitability, not for growth.
When interest rates are low, your company needs to grow or it will be outgrown by its competitors and becomes a takeover target.
With high interest rates unprofitable companies (which is a side effect of a growth strategy) slowly bleed to death and become takeover targets by themselves. |
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