净负债是运营利润的六倍，有一些雇员是“生活在假象中”，他说。

Net debt was six times operating profits and some employees were “living in an illusion”, he says.

youdao

简单的生活将给你自由，将你从负债累累的生活中解放出来。

If you start living life of simplicity, you will accentuate your freedom from the debt-ridden life.

youdao

与谨慎的经济负债相比财政乘数将可能在更高的经济负债中变得较低。

Fiscal multipliers will probably be lower in heavily indebted economies than in prudent ones.

youdao

It's just like if you buy a house and you buy - a lot of people are very leveraged now.

就像你买了栋房子,然后买了,很多人现在都处于负债中

耶鲁公开课 - 金融市场课程节选

It is an insight that Modigliani and Miller are offering the corporations that I think they often don't see that the real issue in the dividend-- both the dividend and the debt policies-- are really taxes and nothing else.

这是MM法则给予公司的建议,但是他们常常看不到,股利政策中最重要的是,不管是在股利还是负债政策中,只有税负才是关键

耶鲁公开课 - 金融市场课程节选

According to Modigliani and Miller, if you add taxes to their debt irrelevance proposition, it means that companies will want to borrow a lot and the real advice they would be giving to Bill Gates is: what's the matter with you? Why aren't you borrowing money?

根据MM理论,如果在负债不相关理论中加入税负因素,就意味着公司愿意大量负债,他们会给比尔·盖茨一个建议,你脑子有问题吗,为什么不借钱

耶鲁公开课 - 金融市场课程节选