Re:Unemployment Is High. Why Are Businesses Struggling to Hire?
by slowhand09 on Tuesday April 20, 2021 @11:44AM
(#26876171)
Interest rates are at historic lows. The Fed rate going negative has been discussed in months gone by. Lender money to borrow is a little tougher as with rates so low they may keep it in equities, or buy GME or Bitcoin where they have higher upside potential.
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Re:Unemployment Is High. Why Are Businesses Struggling to Hire?
by ihyfhgyfhth on Tuesday April 20, 2021 @11:52AM
(#26876303)
Buying GME to offset losses in real estate is the most 2021 thing I've heard. I don't know if I should laugh or cry.
The only thing I have to say is that I would expect the government to push more federally backed mortgage loans at their preferred interest rates if they sense a slowdown in private lending. Heaven forbid markets correct themselves.