ilmscore | Prediction Details
"So now, as these debts start to readjust, because these aren't 30-year fixed rate mortgages, they're threeyear, fouryear, 5year, maybe sevenyear loans, these debts are now starting to readjust. If they're going to readjust at the higher interest rates, that means businesses are going to have to pay much higher debt servicing costs. And if they have the money to pay it, great. But if they don't have the money to pay it, that could be a problem for businesses in the future. Meaning in the next 12 to 18 months, if they have to pay these higher costs and they don't have the revenue to support it."
By Minority Mindset | May 16, 2024 | Pending
From video
We JUST Got The Latest Inflation Report - What You NEED To Know 00:08:00 - 00:08:27
Interpreted Prediction
Businesses that took on debt in 2020-2021 with low interest rates will face significantly higher debt servicing costs as this debt readjusts in the next 12-18 months, potentially causing problems if revenue doesn't increase.

Prediction Details

Topic
Business Debt Readjustment

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