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by binaryfinery
5645 days ago
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As you read these wonderful theories, remember that economist who was chosen as the best economist to run the US Federal Reserve said in 2005 that "now is the best time to get an ARM". These genius suggested buying a house on an adjustable rate mortgage, at the peak of the market, when interest rates were the lowest they'd ever been. Bravo. Apparently, even the best economist in the USA is unable to see a bubble when its staring him in the face. Fuck economists and their religion. Welcome to HN: where people have brains, can do math, and critical thinking. |
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