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It means its okay to go into debt for a few years, as long as we pay it back when the going gets good. A business cycle doesn't have a defined length, which is
by WingForward 16y ago
It means its okay to go into debt for a few years, as long as we pay it back when the going gets good.
A business cycle doesn't have a defined length, which is one of the problems of the approach. I think 3-7 years is a decent range.