RE:RE:RE:RE:RE:RE:RE:RE:Will Rio act before Nov 28 ?Oh, I welcome much higher interest rates!! Look back to the 70s when they peaked around 18%. Gold did a moonshot, increasing almost 2,400% in that timeframe.
When I took out my auto loan years ago at 7% I thought to myself I was getting a decent rate. The crybabies of today whine and moan that the rates may go over 6%.
And don't get me started on mortgages. Wanna know why we have a housing bubble? Because people that can't afford a 20% down payment and shouldn't be buying a house are given the opportunity to with little to no money down and unrealistically low interest rates. That juices the demand for housing and ruins the market for those who are responsible with their savings.