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You're totally right that business can thrive in a high rate environment, but we have a LOT of them right now whose existence has been sustained due to the low
by tomtheelder 4y ago
You're totally right that business can thrive in a high rate environment, but we have a LOT of them right now whose existence has been sustained due to the low rates, extending all the way down to proper zombie companies. A lot of those will be killed by rate hikes, but that's actually a good thing in the long run.