Menu
Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Reply to thread
Click here to become an Official Member of BMW Club Malaysia
Download Form
Home
Forums
The BMW Range
3 Series
E46
to buy or not to buy
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
<blockquote data-quote="E46Fanatic" data-source="post: 180407" data-attributes="member: 81"><p>Ya, agree with you Schwepps esp on the part about rapid scale. I think the key for businessmen worth their salt is knowing when the right time or purpose for leverage is. Rarely its for indulgence or enjoyment (e.g. luxury cars), as they know they have added pressure on top of day to day business to meet. Unless $$ comes easy la... then such facilities are taken out with less consideration.</p><p> </p><p>Reminds me of the crash of 98, where the bubble burst, and many of the highly geared companies got into hot soup and went under. Some needing bailouts by the govt, others just swallowed their pride and closed shop. Then there were those who were very conservative, with manageable or low debt, who just trudged along during that time, surviving to see a better day after all the consolidation.</p></blockquote><p></p>
[QUOTE="E46Fanatic, post: 180407, member: 81"] Ya, agree with you Schwepps esp on the part about rapid scale. I think the key for businessmen worth their salt is knowing when the right time or purpose for leverage is. Rarely its for indulgence or enjoyment (e.g. luxury cars), as they know they have added pressure on top of day to day business to meet. Unless $$ comes easy la... then such facilities are taken out with less consideration. Reminds me of the crash of 98, where the bubble burst, and many of the highly geared companies got into hot soup and went under. Some needing bailouts by the govt, others just swallowed their pride and closed shop. Then there were those who were very conservative, with manageable or low debt, who just trudged along during that time, surviving to see a better day after all the consolidation. [/QUOTE]
Verification
Post reply
Home
Forums
The BMW Range
3 Series
E46
to buy or not to buy
Top
Bottom