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The search for yield... a predicted consequence of 7 years of zero percent interest rates. Last time around it was investors seeking yields in low-quality mort
by regeland 11y ago
The search for yield... a predicted consequence of 7 years of zero percent interest rates. Last time around it was investors seeking yields in low-quality mortgages. This time, they're investing in low-quality Silicon Valley startups. https://en.wikipedia.org/wiki/Austrian_business_cycle_theory https://en.wikipedia.org/wiki/Austrian_business_cycle_theory