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So we're loaning the finance industry trillion dollars at essentially zero interest rate just so they can lend it back to federal government by buying treasurie
by cagatayk 16y ago
So we're loaning the finance industry trillion dollars at essentially zero interest rate just so they can lend it back to federal government by buying treasuries and pocket the difference (and thus "recover from the crisis"), while China lends tens of billions dollars more than US does to solar energy companies. I hope I'm not the only one who finds the implications scary.