A Geopolitical and Economic Crisis is on the Horizon

[Footsteps]

Thanks for the graceful correction. I had that mixed up with slaves being freed every 7 years

You weren't mixed up at all - the freeing of the slaves in their seventh year included the release of certain debts - some call it the "Little Jubilee".
I went for a loan Friday and noticed a ball and chain in the corner. I asked how long I had to wear it. The loan officer said "Twenty years, and you have to pay separate fees for the ball and the chain, in advance." Kidding.

 

[Ghoti Ichthus]

Adjustable Rate Mortgages - another disaster. The homeowners were betting interest rates stayed low. But if they went up (they did), their payments rose accordingly. I'm anti-gambling. People bet their homes and lost. A tragic poker game from a shallow movie.

Some places, adjustable rate mortgages with the horrific PMI, were the only thing people could get
Of course the lender would *strongly recommend* the place to get the PMI from
Ditto for the homeowner's insurance, appraiser, survey, etc.
Closing costs were always sky-high
. . . and closing *always* occurred so as to have the least amount of time possible between closing and first payment

I really, really wish adjustable rate mortgages were outlawed

 

[Ghoti Ichthus]

You weren't mixed up at all - the freeing of the slaves in their seventh year included the release of certain debts - some call it the "Little Jubilee".
I went for a loan Friday and noticed a ball and chain in the corner. I asked how long I had to wear it. The loan officer said "Twenty years, and you have to pay separate fees for the ball and the chain, in advance." Kidding.

Reminds me of the pawnshop sign with the three balls - 2 to 1 you didn't get whatever you pawned (took the loan out against) back.

 

[Belle of Grace]

Even though I love living on a farm, I know I’ll love wherever God places me in heaven.

That goes for me, too. Thanks for saying this. We'll feel right at Home wherever we get assigned to live, and I'll be so happy!!

 

[Ghoti Ichthus]

God's plan is perfect, so we'll be perfectly happy

 

[daygo]

The world is sure pushing for some sort of economic crisis.

 

[Spartan Sprinter 1]

How fitting that all these g20 meetings etc are on halloween

 

[Hidden]

The world is sure pushing for some sort of economic crisis.

Yes, it's so obvious it's not even funny. Prices of practically every commodity are on the rise. Every day I get quotations from suppliers and the increase in prices is glaring. It's just another ploy of the PTB to make everyone in the planet subservient to their utopian vision.

 

[Ghoti Ichthus]

Depending on which brand and type, some TP has tripled in price in the past few months

Some of that is due to changes in packaging size, which is driven by availability of packaging materials and production line set-ups. Even so, absolutely ridiculous!!!

 

[Baby Yoda]

Depending on which brand and type, some TP has tripled in price in the past few months

Some of that is due to changes in packaging size, which is driven by availability of packaging materials and production line set-ups. Even so, absolutely ridiculous!!!

It's all so absurd! Worker shortages, new emissions regs that are like taxes on truckers,... all so easily avoidable and it just doesn't make sense in the world we *used* to live in. Unfortunately it makes sense in these end times.

 

[daygo]

How fitting that all these g20 meetings etc are on halloween

Say that again.

 

[Spartan Sprinter 1]

Say that again.

LOL i don't want to just in case they all appear in my loungeroom (Halloweeen Joke)