Can someone way smarter than me explain what happened to the stock market today? Go real slow. Use small words. It's all nonsense to be.
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I have a pears store. I took out a loan to expand, the interest rate was low. You bought ¼ of the store for $100. To expand more, we got a new loan. Interest rates are now higher, so our expenses went up and profits down. You try selling your ¼ share; the best offer was $96.
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Was the first loan not paid back before the second loan was acquired?
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