Fortunately I have history and a knowledge of economics, finance and accounting on my side. Cheap debt IS the cause of the upcoming crisis, which will play out in 2020-2021, and any company that has relied on the low interest rates to keep afloat will have their poor model business model uncovered and will have their losses magnified as the costs of holding the debt rise (due to the increasing rates).
Yes, Longbetter is sensible to consider the course of interest rates when making an investment decision, as all people should, however the conclusions reached in such considerations is important, not the mere fact on considering the rates. Dismissing the extent of a companies debts (in this case 3 times their market cap), as a non-issue, due to the low interest rates, is extremely naive and short-sighted. But hey, do as you wish.
Thanks for the very smart comment about my name - you are so clever - gold star for you.
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