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Old 05-07-2017, 12:01 PM  
woj
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Join Date: Jul 2002
Location: Chicago
Posts: 47,883
Quote:
Originally Posted by thommy View Post
it is senseless to explain - this guy can not even work with a calculator and does not understand the difference between nominal and real.

arguments like "inflation speaks against a long term loan" shows you how much they understand of what they are talking about.
those people a a SHAME for the education system in your country.
i can find people in the african bush who will understand more about economy as a so called education priviledged.

if that is the result you should rent your schools there to mc donalds.
this isn't just a "loan"... it's getting a loan to buy rapidly depreciating, degrading (power output degrades by 0%-4% per year), expensive to maintain/repair equipment sold by a company that is losing $$ each year (so after gov subsidies dry up there is high likelihood of them going out of business)
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