"Debt is bad" - A refutation

· GRIN Verlag
Ebook
4
Pages
Eligible

About this ebook

Essay from the year 2006 in the subject Business economics - Investment and Finance, grade: 1,0, University of Applied Sciences Bremerhaven, course: Financial Management, language: English, abstract: Throughout all the times since humans started to exchange goods for trade, there has been the common opinion that debt is a bad, sometimes even shameful thing to have. Thus it is not astonishing that in Shakespeares’ Hamlet Lord Polonius advises his son Laertes: “Neither a borrower nor a lender be” (William Shakespeare, 1598-1602, Act 1 Scene 3), for this clearly expresses the point of view people had and many still adopt. However this would mean a generalization of the term “debt”, which cannot be made that easily: “To say that all debt is bad is to say that all debt is alike – which is simply not true” (Tim Cestnick, 2005, p.16).

Rate this ebook

Tell us what you think.

Reading information

Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.