• zephyreks@lemmy.ca
      link
      fedilink
      English
      arrow-up
      3
      ·
      1 year ago

      Rescue loans are not the type of loans being used to build these railway networks lol. It’s pretty funny watching someone not understand the problem they’re talking about.

      Also, the US fed rate is 5% right now… That means loaning money to the safest and most stable economy in the world pays 5% today. Even in your (misguided) context, 5% is a fucking bargain.

      • fedfedfedd@lemmy.ml
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        4
        ·
        1 year ago

        Rescue loans are not the type of loans being used to build these railway networks lol.

        Do you even know how IMF rescue loans work? Did you try Google buddy?

        I wont even entertain your dumbass ramble about different countries because we arent talking about that.

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

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

          • fedfedfedd@lemmy.ml
            link
            fedilink
            English
            arrow-up
            1
            arrow-down
            3
            ·
            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?