Although many other big firms resisted the temptation to over-borrow, developers borrowed heavily and built bigger and fancier hotels as if the whole world were planning a holiday in Las Vegas.

Although many other big firms resisted the temptation to over-borrow, developers gorged on cheap debt and built bigger and swankier hotels as if the whole world were planning a holiday in Las Vegas.

But in that case my advice to them is to get over it (to borrow a phrase from my children).