2 ms·
It was intended as a euphemism, not a literal example of loan sharking. But the analogy holds. Selling something for 20% of its value with the expectation of h
by CPLX 11y ago
It was intended as a euphemism, not a literal example of loan sharking.
But the analogy holds. Selling something for 20% of its value with the expectation of having to fulfill the order in a few months is effectively the same as paying an extreme rate of interest on short term business financing.