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by kragen
953 days ago
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obviously enough, numerous projects that are profitable when you can finance them at 1% become unprofitable when you have to finance them at 6%, particularly when you're competing with incumbent assets financed at 1% https://fred.stlouisfed.org/series/FEDFUNDS feb 02022, 0.08% interest. since august, 5.33% nothing is easy to build in the usa; it's halfway to being zimbabwe |
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