DependentAd235

DependentAd235 t1_j32s5yf wrote

It’s still good in some ways though because shits complex. Interest rates being so low is what made houses so damn expensive.

Prices went up because people could “afford” them. Fortunately fixed rate loans are popular in the US so interest rates going up should lower house prices at some point.

(Also banks will actually have to pay interest on their loans instead of basically getting free money from they Fed.)

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DependentAd235 t1_iuckqnm wrote

I mean France shouldn’t be but… both France and Germany have failed to take lead on the major European issue of the decade.

Sure they don’t have the sheer size of the US but the UK set up training camps for Ukraines soldiers and France didn’t.

Their desire to be seen as leaders isn’t backed up by action.

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