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1D1F: Government absorbs 50% interest rate charges

Comment: What’s the interest rate

Author:
Knockout
Date:
2018-08-02 01:38:50
Comment to:
1D1F: Government absorbs 50% interest rate charges


We are not fools.the banks will borrow money from somewhere with interest and Government borrows money from the banks with interest,so you’re paying 50% on the money that the borrowed,plus the interest the banks borrowed you. Government is desperate.

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