So, the word on the street is that Chevron is looking to go on a shopping spree.
FORBES: Three Companies Chevron Could Buy With Its $21 Billion In Cash
However, even in Thailand, low interest rates and pushy banks have encouraged consumers to go on a spending spree.
This is surely wishful thinking, since it assumes that politicians will resist the temptation to go on a spending spree.
During its announcement on Friday afternoon, the company disclosed plans to go on a hiring spree for New York-based engineers.
So, with that said, we suggest you wait at least a day or two before using your smartphone to go on a shopping spree, because those online checkout forms can be downright tortuous.
Its strong balance sheet allowed Ford to go on a spending spree, paying top dollar for those European car companies and even buying up peripheral businesses like repair shops, Hertz car rental and a junkyard.
While record-low interest rates and cheap financing from the Federal Reserve have helped push up stocks, they have done little to ease the blow of a housing collapse or encourage firms to go on a hiring spree.
Prodded by the United States, Mr Hashimoto has agreed to ditch Japan's present austerity programme and go on a spending spree, stimulating domestic consumption in order to do its share in mopping up exports from troubled Indonesia, Thailand and South Korea.
With U.S. deepwater prospects off limits for at least six months pending political handwringing, watch for the cash-rich, growth-hungry supermajors to go on a shale buying spree.
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But after going without a field goal from the 10:56 mark to 5:16 showing on the game clock, the Wildcats regrouped, pounced on some sudden sloppiness by North Carolina and closed out the half on a 14-3 spree to go into halftime trailing only 37-29.
Asked whether Apollo would take advantage of the wave of cheap capital to go on an acquisition spree, Mr. Black said that rising stock markets actually made it a great time to sell or list companies.
WSJ: Current Account: Cheap Junk Leads to Expensive Mistakes
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