πΏπ°π JUST IN: Federal Reserve Raises Interest Rates by 75 Basis Points β AGAIN πΏπ°π
(www.thegatewaypundit.com)
π€‘ Clown Fed World π
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All of these folks that bought homes on overinflated appraisals are going to be in trouble. I saw this in 1980βs. I was working for Mellon Mortgage. We foreclosed on EVERYTHING.
Not to mention the people that took out INTEREST ONLY LOANS. (Thanks to Democrats and Acorn) We (former work as investment advisor) we tried to dissuade people and the ones that refused to listen LOST EVERYTHING.
Kinda like trying to persuade people to get off the vax addiction! Learning the hard way is pretty devastating.