The speaker suggests that if Meta's borrowing rate rose from roughly 5.5–6% to 8%, borrowing costs for others in the economy could also rise by about 2.5 percentage points.

“um and the market won't want them to but if they they don't want to pay eight percent the flip side is if they pay eight percent”

“versus the five they do five and a half six they do today you know two 50 bips increase that makes everyone else in the economy also pay 250 bips more which then causes a lot of things right banks will scream because if their credit spread goes up”