Sort of... But that is how much the government theoretically pays in interest.
For this reason people don't bother in investing in companies (when I had startups, people would batantly tell us they wouldn't invest because buying government papers was more profitable).
Also getting loans to start a business is insanity, for example my bank charges 13% PER MONTH, CC can reach 450%+ per year.
I have lots of ideas, but no capital, no investors, and I am not crazy enough to get more debt here, so I end not doing any of them.
Sort of... But that is how much the government theoretically pays in interest.
For this reason people don't bother in investing in companies (when I had startups, people would batantly tell us they wouldn't invest because buying government papers was more profitable).
Also getting loans to start a business is insanity, for example my bank charges 13% PER MONTH, CC can reach 450%+ per year.
I have lots of ideas, but no capital, no investors, and I am not crazy enough to get more debt here, so I end not doing any of them.