Economical Meltdown THIS November, page 3
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reply posted on 12-11-2009 @ 06:50 AM by Raud
reply to post by Cabaret Voltaire



Challenge accepted!

All I can say is this:

During the last week or so, the Swedish "Financial Supervisory Authority" have complained that banks give too cheap credits for house loans.
Contrary to the current rate of 1,5% or so, they want to see 5,5% as a more probable rate.

Today, I sold my apartment and made a nice $67000 profit
(after taxes it'll leave me $35000)

No more loan, no more hooks, no more worries.
The system may now crash for all I care.
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