Recent Insights

Month: June 2012

  • Iron Capital Perspectives
  • June 13, 2012
  • Chuck Osborne

Borrowing Your Way Out of Indebtedness

Spanish Banks are getting bailed out…so why is everyone so gloomy? It seems that after two years of bailout after bailout, market participants have finally realized that one cannot escape indebtedness by borrowing more money. It is hard to believe it took this long for investors to figure that out, but then again it seems…