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Comments by "BrickTop" (@bricktop7803) on "Charles Schwab Closing Up Shops Announces Layoffs (More Bank Downgrades - Banking Crisis 3.0)" video.
Wasn't it Dimon that said a few months ago that mortgage rates could go to 10% this year and people thought he was on drugs or something? Well, its shaping up to be a conservative estimate. Don't even try and reply with 18% mortgage rates in the 1970's or 80's, that is meaningless. When you got 18% on a mortgage that is $30,000, it is peanuts. It is NOTHING compared to a mortgage at 10% on a $500,000 property today. This is getting interesting.... When the FED sorted out Signature or whatever they bailed out, Grandma Yellen said the contagion was stopped, her face said different. You could see she knew, she was shooting herself in the foot over her statement..
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Dont let the cross hit you on the head on your way out....
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