this post was submitted on 08 Aug 2023
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[โ€“] agarorn@feddit.de 2 points 1 year ago (1 children)

What are you talking about? China was never at 0% interest. What does that has to do with the previous comment?

[โ€“] zephyreks@lemmy.ca 1 points 1 year ago

The principle being, lower interest rates lead to more debt because spending is less expensive.