TR EMERITUS

According to the Federal Reserve Bank of St. Louis, as of the end of 2021, the total outstanding residential mortgage debt in the United States was approximately $11.85 trillion. This includes both fixed-rate and adjustable-rate mortgages, as well as first-lien and junior-lien mortgages. (There is no breakdown). The most common... 

You could call it a stoke of good fortune, but after bashing out a piece on how people on Vietnam’s streets were setting up street stalls to get by, I ended up having to become a patron of the streets. It was a case of my host not feeling well enough to take me out and so I needed to look for my own dinner. I didn’t really... 

I explain many issues which are not covered by media, especially our local state mouthpiece. Click to visit the author's website for the full article The common knowledge now is banks hold securities. Interest rates have gone up, so those long term securities create huge unrealised losses in banks. That is true. This works...