"4-5% the new normal"
yea sure
so interest rates on savings deposits go to 8%
and interest on housing loans is fixed at 10-12% permanently.
that'd be great for the housing industry!
the only way it would work if wages were to go up which is highly unlikely in the current environment.
Businesses would need to turn profit in the end.
"4-5% the new normal"yea sureso interest rates on savings...
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