What is Nostr?
SnowCrashing /
npub1r47…a5lw
2024-07-15 14:47:31
in reply to nevent1q…dm0v

SnowCrashing on Nostr: "With the ongoing fiscal dominance condition of deficits equaling 6-7% of GDP or ...

"With the ongoing fiscal dominance condition of deficits equaling 6-7% of GDP or more, along with various trade tensions/tariffs, ongoing wars, and higher average oil prices, I think it’s unlikely that mortgage rates will reach a lower-low in this cycle. "

Can someone explain further why rates can't go lower due to these issues?
Author Public Key
npub1r47snprhv6k8ut4wn65utrq0vvlv9e6pk2k8z6rr4x2gml3s88dsxfa5lw