• zephyreks@lemmy.ca
    link
    fedilink
    arrow-up
    1
    ·
    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
      link
      fedilink
      arrow-up
      2
      ·
      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
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

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