The fundamental issue is one of the tax deductibility of interest, and it's one of the reasons why BP selling\ its UK solar generation assets to the Kuwaitis is less likely to be a problem for t… (View Post)

Furthermore, curves change over time. It's like energy demand. In the short term they are highly inelastic, in the long term they are highly elastic. (View Post)

As an aside, it's worth getting a little bit philosophical here. Saving is deferring current consumption. Borrowing is the reverse. Saving and borrowing is, at its heart, a method for the time t… (View Post)

Apparently said Virgin is actually pregnant. So it requires a very special fetish. (View Post)

Am I the only person who finds his voice almost unbearable. (View Post)