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100 sats \ 3 replies \ @Undisciplined 23 Nov 2023 \ parent \ on: Eurozone Still In Recession meta
What are forced mortgages? I've never heard of that policy.
in this case, the state forces homeowners to take out new mortgages on the house and sets the interest rate and amortization. in this way, it can obtain fresh liquidity
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That's nuts. I've never heard a US politician even suggest something like that.
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But we're talking european politics. The origin of communism and stateism....
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