RandAlThor@lemmy.ca to World News@lemmy.ml · 2 years agoChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkmessage-square92fedilinkarrow-up189arrow-down111
arrow-up178arrow-down1external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comRandAlThor@lemmy.ca to World News@lemmy.ml · 2 years agomessage-square92fedilink
minus-squarezephyreks@lemmy.calinkfedilinkarrow-up1arrow-down1·2 years 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-up2·2 years 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-up1·2 years 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.