3 ms·
I am not sure I follow your reasoning. Taking into account the low interest environment that we have gone through in the last 10 years how can it be a creditor’
by lifty 8y ago
I am not sure I follow your reasoning. Taking into account the low interest environment that we have gone through in the last 10 years how can it be a creditor’s paradise?
- platz 8y agoThey don't need super-high interest rates to lock in their returns. They need investment predictability, and can make up the difference with scale and global arbitrage. From the other perspective, if your wages don’t rise, and your debts are there and your debts — particularly the student debts — are guaranteed by God himself that you can never default on them — you’re a debt peon.