I’m sure there’s an argument to be made about not buying things you can’t afford, but looking at the graph in that article, people are going to get fucked on mortgage renewals. Anyone that locked in for 3/4/5 years are going to be renewing between now and the next couple of years and going from BOC rate of 0.25% to 5% or more is going to hurt.
Someone I know is looking at renewing their mortgage in the next couple of months and they’re already looking at a jump from 3% to >6%.
Numb. Sad. Mostly numb.
I was cheering for Kamala. I wanted the US to succeed. She had the big rallies, the celebrity endorsements, the polls were saying it was neck-and-neck. It looked like sanity was going to prevail. Then Trump just basically sweeps it and it’s like…oh. It’s easy to call the Americans “stupid” or whatever insults I’ve seen flying around the internet, but there was a vote. He won the vote. Over 72 million people think that Trump and the Republican ideology lines up best with their ideology. Who am I to argue with that? I don’t agree with it, but I guess that’s democracy in action. Regardless of what lies were told or what disinformation was spread, people overwhelmingly went out, voted for ol’ Donny, and this is the result. That’s how she goes I guess…? I don’t fucking know anymore dude.
My heart absolutely breaks for the people of Ukraine. I’m sure they’ll lose their US support come January. They don’t deserve that.