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by speeder
3366 days ago
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Yes. 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. |
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