Published in
1 min readFeb 14, 2019
Lower interest rates make the debt service vs revenue calculation on many projects more favorable. What’s not seen is the effect on costs and future revenue when everyone undertakes similar projects at the same time. Thus, we boom and we bust.
Put Simply: Manipulate Prices especially to the scale governments can and you alter the natural course of consumption, production and investment. This often leads to development in an unsustainable direction.