Forum

Broker news forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Notify me of new replies via email
Mortgage Broker News | 10 Jan 2019, 12:41 AM Agree 0
Worrying trend has been attributed to borrowing costs
  • Walid Hammami | 11 Jan 2019, 11:08 AM Agree 0
    We knew this for a long time. The problem is the cheerleaders of the economy AKA the media. They brainwashed the population into submission.

    I wish we can have an honest conversation about this. People need to know what exactly is happening to them.
    The growth is just debt based. Borrow to consume and you will inflate GDP numbers. But at some point, the bill will be due.
  • Mario | 18 Mar 2019, 09:22 AM Agree 0
    Well said Walid,
    to add to your point; It should not only be alarming at consumer debt that we need to focus on...but also our governing bodies who are also increasing the country's debt levels to unsustainable levels. This huge bill will also be due and guess who will pay for it?
Post a reply