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Is the Interest Rate Unsustainable?
One of the reasons that those companies could pay those salaries is because investors were more than happy to just keep plowing money into them. Now all of a sudden the interest rate I don't know what it is now but I mean it's higher than that it's in the but it'll pry it 10 soon enough and so now like there's much safer investments that you can get if you can get a pretty safe 8% a lot of investors are going to take, which is why these companies are laying off people.