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Not terribly interested in this thread, but for the record %0 interest loans when they're big (billions of dollars) are effectively the same as handing out free
by rapind 7y ago
Not terribly interested in this thread, but for the record %0 interest loans when they're big (billions of dollars) are effectively the same as handing out free money. A bank would need to be ridiculously incompetent not to turn those loans into significant profits (and hey, give out executive bonuses too!).
- kortilla 7y agoWhich 0% bailouts are you referring to that gave billions to a single company? Sounds a bit like a straw man to me.
- rapind 7y agoWell you brought it up, so which bailout are you referring to when you said "Corporate “bailouts” are just loans." that isn't referring to billion(s) dollar loans?