• fedfedfedd@lemmy.ml
    link
    fedilink
    English
    arrow-up
    0
    ·
    1 year ago

    so you neither understand project funding nor interest rates

    You cant even provide facts. Stop arguing in bad faith. Now go schizo post about US loans.

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

      A rescue loan is not a loan used to build infrastructure. They’re used to cover for existing debt, not to take on new debt.

      The interest rate of loans is dependent on the international market. A loan with an interest rate of 5% is charity because China could get that exact same return from the US (which is much more stable, etc. etc.)

      A 5% interest rate loan isn’t predatory in this economic environment. It’s a fucking donation. Ever heard of risk-adjusted returns?