Australian homeowners could be forking out more than $2000 extra a month soon, with fears they don’t realise the “shock” headed their way.

by Boo_Randy You are not a “homeowner” until the last mortgage check clears. These Australian debt donkeys who bought into one of the world’s most insane housing bubble courtesy of the RBA are royally screwed. https://www.news.com.au/finance/economy/interest-rates/interest-rates-how-much-the-cash-rate-could-rise-by-2023/news-story/dc2d53fda7f84927a7fa94120c4dab09 Australian homeowners could be …

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Eurozone’s probability going into recession got extra momentum as refinancing cost continues to soar.

https://twitter.com/MacroTechnicals/status/1534881245510893571 Italy 10y yield 3.7% pic.twitter.com/VDinnGN2Gi — Alessio (@AlessioTMAD) June 9, 2022 https://twitter.com/MacroTechnicals/status/1534886052418166784 https://twitter.com/TommyThornton/status/1534875380691226626 Italian 10-year yields rise to the highest vs German rates in more than two years: pic.twitter.com/UtX60mHK4G — Lisa Abramowicz (@lisaabramowicz1) June 9, 2022 Amazing Article written …

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BLOOMBERG: “Inflation will mean the average U.S. household has to spend an extra $5,200 this year ($433 per month) compared to last year…” Danielle DiMartino Booth: “Living on early withdrawal of social security wasn’t realistic before inflation took off. Now it’s impossible.”

BLOOMBERG: “Inflation will mean the average U.S. household has to spend an extra $5,200 this year ($433 per month) compared to last year…” https://t.co/QJtOiuAIF5 — John Ashbrook (@JohnAshbrook) March 30, 2022 This trend will, no doubt, accelerate. Living on early …

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