To accomplish that, the Marxist bankers have — as of last week — raised the interest rate on a 30-year fixed mortgage to above 8%. From Forbes magazine, October 6, 2023:Today’s current average mortgage rate on a 30-year fixed mortgage is 8.07%, up 0.03 percentage points from the previous week. The Marxist bankers in China, for example, are currently charging 5.99% for mortgages. Marxist bankers, seeking to bring us all to ruin for their own private profit, are not a new occurrence here in America. You would think 99% of America would be too big to fail, but it was actually the Marxist bankers who were too big to fail.
Source: Forbes October 11, 2023 12:19 UTC