"Debt is bad" - A refutation


Ensayo, 2006

4 Páginas, Calificación: 1,0


Resumen o Introducción

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).

Detalles

Título
"Debt is bad" - A refutation
Universidad
University of Applied Sciences Bremerhaven
Curso
Financial Management
Calificación
1,0
Autor
Año
2006
Páginas
4
No. de catálogo
V77311
ISBN (Ebook)
9783638821490
ISBN (Libro)
9783656468431
Tamaño de fichero
337 KB
Idioma
Inglés
Palabras clave
Debt, Financial, Management
Citar trabajo
Jens Kaulbars (Autor), 2006, "Debt is bad" - A refutation, Múnich, GRIN Verlag, https://www.grin.com/document/77311

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