Zippy@sopuli.xyz to CanadaEnglish · 1 year agoCanada Unemployment Rate Nudges Up to 5.2% in Maywww.marketwatch.comexternal-linkmessage-square14fedilinkarrow-up114arrow-down10
arrow-up114arrow-down1external-linkCanada Unemployment Rate Nudges Up to 5.2% in Maywww.marketwatch.comZippy@sopuli.xyz to CanadaEnglish · 1 year agomessage-square14fedilink
minus-squareKapow@exploding-heads.comlinkfedilinkarrow-up6arrow-down2·1 year agoI remember paying 22.5% interest on my mortgage when I was young. Buckle up
minus-squaredomlinkfedilinkarrow-up4·1 year agoWhen mortgages were 100k. 22.5% today would cause literal riots in the streets.
minus-squarelightrushlinkfedilinkarrow-up5arrow-down1·1 year agoThis is Canada, we don’t riot. Maybe QC.
minus-squareKapow@exploding-heads.comlinkfedilinkarrow-up3arrow-down1·1 year agoI can still see my pregnant wife with our toddler by her side standing in front of an empty pantry. Things were tough
minus-squareGrimpenlinkfedilinkarrow-up1·1 year agoGood old stagflation. That’s what’s worrying with the return to rate hikes.
I remember paying 22.5% interest on my mortgage when I was young.
Buckle up
When mortgages were 100k.
22.5% today would cause literal riots in the streets.
This is Canada, we don’t riot. Maybe QC.
I can still see my pregnant wife with our toddler by her side standing in front of an empty pantry.
Things were tough
Good old stagflation. That’s what’s worrying with the return to rate hikes.