View Single Post
Old 10-24-2020 | 12:00 PM
  #266  
havick206
Gets Weekends Off
 
Joined: Jul 2017
Posts: 1,729
Likes: 0
Default

Originally Posted by Excargodog
https://www.fool.com/investing/2020/...more-bad-news/

Long term debt is still debt, and having to roll it over at higher rates certainly isn’t helpful. And lower rates will depend upon convincing the Bond market which currently is skeptical.

An excerpt:
Isn’t that akin to paying off one credit card with another, but instead of consolidating at lower rates their cost of money is going the opposite direction?

How long is that sustainable?
Reply