10-12-26 carib
Academic stupid question: if the US treasury would allow all US persons to open an on-line account paying 3% on balances on a daily basis.. would that not reduce borrowing costs?
(of course commercial banks would not be pleased) |
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10-12-26 carib
Interesting fact: the amount of cash sitting in US bank commercial accounts, mostly not earning interest.. is around 20 trillion $
(WSJ) |
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10-12-26 carib
ft
Donald Trump’s diesel deal with Vladimir Putin has angered members of his own party, who joined with Democrats in claiming that it was against the law.
Seven senators, including four Republicans, on Sunday called on the US president to “immediately reverse course” on his deal to purchase millions of tons of diesel fuel from Moscow, calling it a “financial lifeline” to a murderous regime and a violation of US law.
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10-12-26 carib
| Savo: actually.. simple thinking, assuming the maga voter is a simpleton. |
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10-11-26 savo
how and were will the diesel be paid?
I guess Putin will not accept dollars or euros in US or EU bank accounts...
gold? |
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10-11-26 savo
apparently suspending bombs on Iran to after Nov 2....
weird thinking... |
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10-11-26 carib
The actual interesting thing is to see how Trump policy decisions will change after Nov 2.
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10-11-26 carib
| Savo: explain that to DT, kindly. |
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10-11-26 savo
It'a bad deal.. but actually the ukr drones are now locally made.
didn't US congress pass a bill allowing DT to put up to 100% tariffs on country buying anything Russian?
what happened to that? Did Somebody explain to those imbeciles at the Hill that tariffs do more harm to Americans than to foreigners? |
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10-11-26 carib
PS. if there is a secondary market for existing mortgages, borrowers could have a right a first refusal to buy back their loan (which should be a large discount, if grated at low fixed rates).
It could become more similar to a fixed rate bond. |
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10-11-26 carib
Panas: thanks. It confirms the fact i am not an expert.
But for normal mortgages, below threshold, portability could be granted BY LAW to debtors. Lenders refusing to allow it would lose any federal support, and suffer other forms of tax torture. |
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