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( -_-) | 9 months ago (raw) | root | parent | reply | flag 
 30 year fixed rate mortgages are not a thing outside of the US
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TheBitcoinManual | 9 months ago (raw) | root | parent | reply | flag 
 Not sure about fixed rates, but there are 30 year mortgages in EU countries
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( -_-) | 9 months ago (raw) | root | parent | reply | flag 
 Those are definitely not fixed rate mortgages
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TheBitcoinManual | 9 months ago (raw) | root | parent | reply | flag +1 
 Then a lot of people are getting rekt or in the process under these rates
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( -_-) | 9 months ago (raw) | root | parent | reply | flag 
 Yeah, or central banks will lower rates soon and fuck over savers to bail out debtors.

At the end of the day all of this is a war between savers and debtors about who will eat the losses.
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TheBitcoinManual | 9 months ago (raw) | root | parent | reply | flag 
 100% savers versus debtors and it forces everyone to jump into assets of any kind, what I am keen to see is how long they can keep it on the savers side due to to the fear of inflation which can drive a lot of unrest if its to fast and is not a controlled demolition of the currency