going off, page-25

  1. 1,224 Posts.
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    With low rates, if people don't borrow their maximum then when (not if) rates return to non-emergency levels they ~might~ be ok, however if they (yet again) borrow their allowed maximum they will undoubtedly be in trouble again.

    As rate cycles produce lower lows I am extremely worried we are painting ourselves into a corner.
 
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