In a destructive deflationary environment — whether Japan today or the U.S. in the 1930s, a comparable situation — lenders are too demoralized to lend and borrowers are afraid to borrow, despite low interest rates.
Interest rates on loans are phenomenally low but with the economic outlook uncertain, consumers and companies are afraid to borrow.
Don't be afraid to beg, borrow, or use any and all relationships.
As the book's title suggests, Adams, like most authors, was not afraid to borrow, and there are revealing similarities between Welsh's Hitch-hiker's Guide to Europe and The Hitchhiker's Guide to the Galaxy.
Whatever it takes, you can't be afraid to beg and to borrow.
Be original, but don't be afraid to parody or to borrow concepts.
Nor is Tiernan afraid to borrow from his friends: his spiced mutton is made with the spice mix from Danny Bowien's Mission Chinese, and the flatbread recipe is inspired by Tartine in San Francisco.
"They are not afraid to borrow, and in 50 years a borrowed dish becomes a classic dish".
Still, foreign brands like G.M., PSA Peugeot Citroën and Toyota are hoping to sell vehicle financing services to a new generation of young professional Chinese who, unlike their parents, do not feel a need to pay for everything with cash and are not afraid to borrow.
Some of those mistakes include being afraid to ask question about the loan, borrowing too much, and opting for a credit card motorcycle loan.
