Thanks, Steve. But. It’s always about politics. They forced the central bank to keep rates artificially low for twenty years because higher asset values are good for getting reelected. Right? Then when the bubble bursts, what do they tell the central bank?
Thanks, Steve. But. It’s always about politics. They forced the central bank to keep rates artificially low for twenty years because higher asset values are good for getting reelected. Right? Then when the bubble bursts, what do they tell the central bank?
The rich will buy bonds that cover the mortgage and keep the spread. Insane opportunity to have the taxpayer pay your house, better than US
I learn a lot from your posts. Thanks