Here it comes

These jerks created policy like zero bound that created the biggest housing bubble and auto bubble in history and now they they raise?

This will wipe four groups
- Governments at all levels who have debt far above their revenue capabilities.
- Corporations who borrowed trillions to buy stock to increase executive compensation
 - The idiots who have $400K- $1,000,000 mortgages
-  Unfortunately everyone else, like those in the US 10 years ago who lived within their means and saved,  will get wiped out too s their houses collapse in value.

All we heard was "Load up on cheap debt" ........... Well what does 7% look like??
Luckily I sold everything last year and rent.....