• zephyreks@lemmy.ca
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    1 year ago

    Turns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?

    • agarorn@feddit.de
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      1 year ago

      What are you talking about? China was never at 0% interest. What does that has to do with the previous comment?

      • zephyreks@lemmy.ca
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        1 year ago

        The principle being, lower interest rates lead to more debt because spending is less expensive.