Indeed, just as when the market bottomed in 2002, he is willing to borrow money to buy shares.
And they are willing to borrow more, boosting the demand for consumer credit.Second, market liberalisation helps the industry.
He added, "People told consumer surveys they were miserable, but they were willing to borrow money to pursue a bargain".
Meanwhile, he added, colleges fall back to a script that goes something like this: "They say, 'If students are willing to borrow money, who are we to disagree?
The small and medium-size enterprises (SMEs) that are willing to borrow couldn't get access to credit before the ECB went negative, and they can't now.
In Britain, where the NHS does not always pay for newer, more expensive products, some people are willing to borrow or save to pay for a private operation.
"Americans have trust in the future and are willing to borrow against it," said Matthias von Arnim, a German financial expert and author.
What this means is that the real limit on the amount of money in circulation is not how much the central bank is willing to lend, but how much government, firms, and ordinary citizens, are willing to borrow.
Gail Sullivan, a nurse in Middlesex, Vt., says she knows many people who are willing to borrow against their homes to pay for college, but she is not one of them.
Despite the bristling confrontation at the no man's land that splits the peninsula into two nations, South Korea was willing to borrow from the greatest moment in North Korean sporting history.
