Whenever, in the past, there were plentiful profitable investment arenas, corporations didn't waste their investible capital on stock buy-backs. Still less did they go into debt to do so.
Shane Mage
"This cosmos did none of gods or men make, but it always was and is and shall be: an everlasting fire, kindling in measures and going out in measures."
Herakleitos of Ephesos, fr. 30