Not ESG directly, just an outcome of the near 0% interest rates and QE practices the Fed has kept rolling along for years. If you can get billions of dollars in loans that you only have to pay back at pennies on the dollar, that is basically free money.
Not ESG directly, just an outcome of the near 0% interest rates and QE practices the Fed has kept rolling along for years. If you can get billions of dollars in loans that you only have to pay back at pennies on the dollar, that is basically free money.
The other parts of the western world were doing it too and wrecking normal peoples savings, other businesses etc.