Got three friends using different UK banks for savings accounts, getting 5-7% interest rates.
Yield is coming from interest rates on debt.
Heard of people's mortgages rising by crazy numbers e.g. £800 per month.
As I said in 2022, even if you're on a fixed rate, you're still probably fucked if they don't lower rates because in the UK they're mostly fixed for a short term.
Something is going to give.
Why would it rise? Isn’t it fixed?
Where do you see this going man ? It's not looking good . There is an increasing number of people now that "did everything right" , went to college , got the job , got the mortgage and all of that , and they can't even make ends meet , like it's a fucking joke like , and people don't even know why it is happeing , or the effects of money printing and all of the things that Bitcoiners have a good grasp on , so they must be seriously confused as to why they did everything right , and don't have very little to show for it .
I think it's a lot worse than 2008 and bitcoin fixes this
