[fintstone]

Originally Posted by KC911

You have your perspective, I have mine.

The "juice is still on" however....the Fed began a well laid out strategy back in '15... of raising rates...pretty consistent 2.5 gdp...good enough for some . Anybody hitched to the past...your risks, your problem. Easy, cheap credit ain't the answer....we're ten years in....how long does it take your way? Caused the Fed has turned on a dime....now what...pass it on forever....

4T on the Fed's balance sheet? You think that should continue to unwind....I sure do.

Actually cheap credit is the problem. 8 years of it. But it is like crack. You cant give it away for 8 years and then stop...telling the addicted that they should just suck on a life saver and start running 5 miles a day to atone/fix their body.

With respect to my example, 2015 is recent. My loan in the example (like may others) is from 2006 where the home lost 65% of its value...and the home is still worth more than $100K less than the home cost. While losing a few thousand a month is chump change for me...it may not be for others. The rapid increases were too much for small businesses and small investors. The economy was showing signs of too much increase in rates too fast (both in the job market and the stock market). Too much was spent and too long was wasted. You cannot make up for 8 years in one or two.

Maybe the mistake was giving away all that money to start with...and asking others to pay for it now.