this post was submitted on 20 Aug 2023
32 points (86.4% liked)

Economy

609 readers
329 users here now

Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.

founded 2 years ago
MODERATORS
sv1sjp
32
Trader who predicted 2008 financial crisis bets $1.6bn on stock market crash by end of 2023 (www.independent.co.uk)
submitted 1 year ago by Waldowal to c/economy
16 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] Waldowal 3 points 1 year ago

Definately agree on the political climate. I don't see it happening again. One thing to note: Commercial mortgages are adjustable rate 99% of the time. If there is a fixed rate component, it's typically only for the first 12 months of the term.