[If Iraq is borrowing money, how can they afford to RV?]
That’s a non-question… a financial company is building a 20 million dollar structure across the street from one of my commercial properties.
I am personal friends with the banker who handles their loan… they don’t need a loan at all, they have at least 5x liquidity to cover the entire project.
Why are they borrowing the money, then?
Because that’s what smart money does.
