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by onlyrealcuzzo
1260 days ago
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If inflation really would continue at 80% for the year - and you can't pay back a ~10% loan - it means your business is going down by ~70% per year... There's always risk - but I don't think it's as risky as you might think. Even if times are bad because inflation is high and your business drops by ~50% - you'll still come out ahead. |
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That said: There will be opportunities if you can borrow at 10% and stay solvent to invest in something well through in this extreme case.