Going from a home life where basic things are unaffordable to making a commitment to borrowing thousands and thousands of pounds when you are still a teenager is quite scary, to put it mildly.
And as the Vision Fund has lined up commitments to borrow another $9 billion, some lenders have started to view SoftBank's strategy with more caution, such as Bank of America, which decided not to provide $1 billion in the financing arrangement two weeks ago due to concerns that the lending terms were too risky.
The expansion of the Fed's quantitative easing programme was accompanied by a pledge to keep interest rates at ultra-low levels for an "extended period", which Wall Street took as a commitment to leave borrowing costs unchanged for at least the next two years.
So the package is merely a commitment for the vehicle to borrow money if a large economy like Spain, which represents 12 percent of the output in the euro zone, asks for assistance.
Now might be a good time to borrow its commitment.
Worse, the Thai government, with the election incomplete, is in a tenuous legal position, and, with banks nervous of getting embroiled in the mess, it is unable to borrow to meet its commitments.Mr Korn outlines an elaborate road map out of this political cul-de-sac.
If the commitment was credible, a European guarantee would probably allow Irish banks to borrow on the wholesale markets.
If the government has less money, it has to borrow money from somewhere else to cover existing commitments.
Unable to borrow, the federal government would have to decide on which commitments to renege: Medicare payments, food stamps, military salaries, disaster aid (see chart), or something else.Though less catastrophic than default, this would still be disruptive.
Yet without policy action, or at the very least an admission that the inflation target has been watered down, the Bank's commitment to low borrowing costs looks less than rock-solid.
