![](https://feddit.de/pictrs/image/036f80c3-ebb7-44fc-bd3a-8c2d1337c26a.png)
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10 months agoSimplified: If you can borrow 1 Million USD for 0% apr and earn 1000 USD with that, you have 1000 USD in profits. Now change the apr to 5% and you are 49,000 USD in the red.
I’m a good boy.
Simplified: If you can borrow 1 Million USD for 0% apr and earn 1000 USD with that, you have 1000 USD in profits. Now change the apr to 5% and you are 49,000 USD in the red.
If you were in that early, you’d know.