plinky [he/him]
It’s opposite (in theory): lower interest rates make people more likely to buy lots of machines on rolling credit to do stuff. Its very obvious in solar, where profit margin is allegedly around 5 %, you are basically fucked unless profit margins increase more than interest rates of 5.5 or interest rates drop. (More truthfully, given the choice between bonds at 6% and solar installation at 5%, only very committed person would risk it, when bonds are risk free). Also lower interest rates boost housing prices.
But lower interest rates also produce high movements of capital, because it opens up more and more speculation areas the closer they are to 0.
The only blessed non-ngo occupied countries are in latin america
I’ve seen rumors on twitter of mysterious customs holdup (obv, source of who the fuck knows rumors), in either turkey or cyprus. To me it makes some sense to swap later after production, but who knows. Cyprus makes perfect sense, lebanon customs are obviously a clusterfuck after beirut explosion.
Interest rates dropped by 0.5 at once