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Fed keeps cutting inflation is gonna get nuts in the US. then they are gonna have to raise the rates a lot higher.
They should just leave the rates and let the Housing Market work its way through the mess.
Fuck guys making millions on speculation, banks making money on loans and brokers cashing in for the last 5 years. Somebody made money let them pay. Problem is this gonna hurt a lot of people however I don't think the Euros really care just like the Canadians, prices are gonna go down.
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