RandAlThor@lemmy.ca to World News@lemmy.ml · 1 year agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square60fedilinkarrow-up1175
arrow-up1159external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comRandAlThor@lemmy.ca to World News@lemmy.ml · 1 year agomessage-square60fedilink
minus-squarezephyreks@lemmy.calinkfedilinkarrow-up1arrow-down1·1 year agoTurns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?
minus-squareagarorn@feddit.delinkfedilinkarrow-up2·1 year agoWhat are you talking about? China was never at 0% interest. What does that has to do with the previous comment?
minus-squarezephyreks@lemmy.calinkfedilinkarrow-up1·1 year agoThe principle being, lower interest rates lead to more debt because spending is less expensive.
Turns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?
What are you talking about? China was never at 0% interest. What does that has to do with the previous comment?
The principle being, lower interest rates lead to more debt because spending is less expensive.