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Debtors who roll their loans also go bankrupt when the fed raises interest rates. Rolling loans is par for the course for many capital intensive businesses. Th
by drivebyhooting 10mo ago
Debtors who roll their loans also go bankrupt when the fed raises interest rates.
Rolling loans is par for the course for many capital intensive businesses. This is because in a low interest rate environment if you act prudently you’ll get outcompeted.
- immibis 10mo agoFed interest rates don't fluctuate anywhere close to gold prices.