>the canadian government just increased the interest rates by an unprecedented 1% in one go
>nobody is talking about it
The canadian government just increased the interest rates by an unprecedented 1% in one go
Austin Bennett
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Jacob Smith
Only debt cucks care about it.
Cameron Rodriguez
I am. Shit's hilarious. Checked OP
Jose Martinez
>canada
never heard of it. is it based?
Matthew Mitchell
I mean I'm not in debt myself but it still worries me because I have family members who are in debt
Nicholas Turner
rookie numbers. Raise interest rates to 8%.
Gabriel Davis
just give it two more weeks
Nolan Johnson
also does anybody else find it interesting that this happened at the same time the goyim would be focusing on the hockey?
Justin Foster
That's how gooberment fight inflation
I know nothing about econ but that's why
Robert Edwards
Playoffs are over. Are you retarded?
Chase Wilson
distractions don't work anymore, people got smart after the covid lies, there's no trust in government or media("news"). This is why they are protests everywhere in the world now. And 2023 is predicted to be even worse economically speaking.
Christian Murphy
I tried the thread got slid
Jason Miller
oh no I just meant that when I looked at the news in a pub earlier there was nothing about this and only things about hockey team managers getting shuffled around
Evan Bennett
Even Jews are complaining
Aaron Cruz
Levi Torres
oh no, what ever will I do about my huge debt and mortage payments
oh wait I have no debt and my mortgage is fixed for this exact reason
Oliver Collins
Thomas Ross
paying off my mortgage in one shot in six months when its time to get a new term. Glad I managed to slip past this but I feel for everyone who can't. I expect mortgage payments to double; this is not the last raise.
David Bailey
>I heckin love Trudeau, my daddy dictator!
Hunter Allen
For burgers, Canada doesn't actually have fixed rate mortgages, just 5 year max terms of renewal. 70% of houses aren't paid off, once a high enough percentage of mortgages are renegotiated at rates people can't afford due to job loss in the recession, poor wages, and inflation, think of it like a margin call, which forces people to sell their houses. Once the wage cage class has to liquidate their houses the government has two options of who will step in. The first is foreign money launderers and the second is Blackrock type firms. Both of these will absorb the houses being sold and the middle class will be finally permanently gone in Canada, just in time for the money printers to be turned back on again and rates lowered to restart the ponzi.
Cameron Martinez
Free agency day, Chang.
Adrian White
You live off the grid?
Caleb Kelly
Of course they are you are you're not nobody... what you're saying is you'll never hear it on the CBC. No you won't.
Nathan Rogers
higher interest rates used to be a good thing for savers, but the fucking banks are so jewed here that you have to pay the bank for the luxury of having an account instead of the other way around.
Ayden Torres
>rate hikes
teh CBC is a fucking joke, but what you say is not correct
cbc.ca
Jayden Walker
>people saying fuck everybody else I got mine
this boomer mentality is one of the primary reasons that things are so shit
Blake Perez
>>the canadian government just increased the interest rates by an unprecedented 1% in one go
>>nobody is talking about it
Good thing we have a Prime Minister who specialised in being an actor, and has a masters in Liberal arts. Canada's economy is going to shit under the (((Liberals)))? What a shocker.
Tyler White
Good.
Maybe now fucking off-the-boat Pakis will stop buying every single houses and fill them with Indian students.
So now, you fucking zoomers faggots get get off your lazy asses and buy a house and stop blaming boomers.