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The thing most people don’t have their eye on is the ticking time bomb of variable rate loans taken out in 2020/21 reaching their 5 year reset soon. If they di
by AbstractH24 2y ago
The thing most people don’t have their eye on is the ticking time bomb of variable rate loans taken out in 2020/21 reaching their 5 year reset soon.
If they didn’t start aggressively lowering rates it would be a huge drain on the economy
- alecco 2y agoMessage: take all the risky loans you can because it will be paid by the whole country with inflation and taxation.
- AbstractH24 2y agoSad, but possibly true