Reason: None provided.
Erm...
Pretty sure Mari222 is not an industry insider and the bit about banks is just them guessing.
Japanese companies are NOTORIOUS for being resistant to borrowing. They operate their books on cashflow rather than credit. It's admirable, sort of, but the unwillingness to take on debt at all is a contributing factor to why they've spent the last 30 years in stagflation.
1 year ago
1 score
Reason: Original
Erm...
Pretty sure Mari222 is not an industry insider and the bit about banks is just them guessing.
Japanese companies are NOTORIOUS for being resistant to borrowing. They operate their books on cashflow rather than credit. It's admirable, sort of, but the unwillingness to take on debt at all is a contributing factor to why they've spent the last 30 years in stagflation.
1 year ago
1 score