MindWars
Diamond Member
- Oct 14, 2016
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Fed Rate Hike This Week To Hit Millions Of Borrowers
Financial information services firm TransUnion found that when the Fed made a similar move back in December 2016, some 8.6 million consumers could not absorb the hit. Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.
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The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.
Since this is going to be a global collapse it will make the Great depression look like a cake walk.
It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.
Financial information services firm TransUnion found that when the Fed made a similar move back in December 2016, some 8.6 million consumers could not absorb the hit. Though the move cost the average debt-holder just $18 a month, it “caused a financial challenge to millions of consumers” in the three months after it hit.
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The economy has been collapsing all around the world, from the end of Bush all the way through Obama the screwball. All they've done was to put a band aid over it.
Since this is going to be a global collapse it will make the Great depression look like a cake walk.
It's comical how many think it's a conspiracy and were stupid enough to think Obama blessed them with such a great economy.