Chinese economy expected to have slipped into deflation as recovery falterswww.theguardian.comexternal-linkcross-posted to: worldnews@lemmy.ml RandAlThor ( @RandAlThor@lemmy.ca ) World News@lemmy.ml • 1 year ago message-square22fedilinkarrow-up1115
arrow-up1115external-linkChinese economy expected to have slipped into deflation as recovery falterswww.theguardian.com RandAlThor ( @RandAlThor@lemmy.ca ) World News@lemmy.ml • 1 year ago message-square22fedilinkcross-posted to: worldnews@lemmy.ml
minus-square zephyreks ( @zephyreks@lemmy.ca ) linkfedilink1•1 year agoTurns out, it’s advantageous to loan out money when global interest rates were dropping to about 0. Who woulda thunk?
minus-square agarorn ( @agarorn@feddit.de ) linkfedilink2•1 year agoWhat are you talking about? China was never at 0% interest. What does that has to do with the previous comment?
minus-square zephyreks ( @zephyreks@lemmy.ca ) linkfedilink1•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.