And all of a sudden interest rates not only in this country but all over the world go up. And they may go up 2%, 3%, they could go up 5%. Because Interest rates always reflect in part the risk of non-repayment. non repayment. And that's why if you have a bad credit score, you pay higher interest than people with a good credit score. Of course, it's the same free market analysis. (10:02–10:14)
CLAIM
Asserts that interest rates are influenced by the risk of non-repayment.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.