• zephyreks@lemmy.ca
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    1 year ago

    Great, so you neither understand project funding nor interest rates. Good to know.

    • fedfedfedd@lemmy.ml
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      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
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        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?