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A comment on GitHub to Layoff 10%. Parent comment

Re:GitHub to Layoff 10% by mcast on Thursday February 09, 2023 @01:05PM (#34728355)
ZIRP allowed companies to borrow infinite money at almost no cost
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Re:GitHub to Layoff 10% by roflyear on Thursday February 09, 2023 @02:43PM (#34730125)
What mechanism allowed that? From what I recall corporate bond rates were low but not no cost low. Bank rates maybe were like a few percent but infinity money?
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Re:GitHub to Layoff 10% by h1srf on Thursday February 09, 2023 @04:46PM (#34731996)
If you were MSFT or AAPL, you could issue 0%(or close to it) bonds and investors would lap it up. IIRC AAPL did issue a 0% bond at some point in the last few years.
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Re:GitHub to Layoff 10% by roflyear on Saturday February 11, 2023 @10:09AM (#34752971)
In Europe, not in the US, as far as I can tell. Looks like the lowest Apple got to go was 2.2ish in the US.
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Re:GitHub to Layoff 10% by tchalla on Thursday February 09, 2023 @05:34PM (#34732648)
Oh great another obscure abbreviation to think about.
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