Aussie ABC24 NEWS:
Jim Chalmers (current gov minister finance), met with Reserve Bank Aussie on Friday.
Reserve Bank have until March 31st to provide DETAILS re decision to RAISE the Cash Rate (for 9th time in a row).
Should be interesting to see what Rothkiddies come up with re "REASONS" :-)
Basically in Aussie a "fixed" interest rate only lasts 3-5yrs, then reverts to whatever is current rate. Many people bought property using 95% loans, after RBA chief said (~2020?) rates would NOT rise until ~2024.
Property prices have dropped ~10-15-20% since, so many are upside down on loans, or are now paying ~2000pm instead of original ~1000pm due to rates doubling from 2% >>5%.
Interest rates to contain inflation, caused by high mortgage & rental costs + UKr + Scamdemic.
Ok I'll call it, NWO is DONE!