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Is $30 Billion Enough To Stimulate Small-Business Growth?
"Shawn, I'm not so sure that lower interest rates are the answer for banks. It could be. Although the economy is showing signs of recovering, it's still not great! 50% of small businesses fail within five years. I would be interested to see how many start-ups fail within five years during an economic recession. I'm assuming the percentage would be higher. I think banks are simply reluctant right now. We will see what happens. All the best, Nathan"