In France, all russian names were locked from banks account frozen in out and they had to get a meeting to an agency to release..i am talking migrants clercks etc working in France for decades etc..but the french banks were scared to let something go..so they blocked the lot.did you see the Italians seized a luxury yacht owned by a Russian who was NOT on any sanctions list
seems he was in a photo with a billionaire who was photographed ( in a different photo ) with Putin
close enough for the Italians
source?
No, she's right, if you know interest rates are going to increase you want to pay your debts down ASAP.Just had a bit of a lightbulb moment with the missus while watching the giro d italia, I just mentioned in passing that I'm worried about the situation the kids are getting in spending rather than paying down debt, she said that's because I wouldnt be happy if I was in the same situation, but they have every right to chose what they want to do.
I have to stop trying to tell them what to do, they are 40+ years old, maybe she is right again. Lol
well you have tried , and i think you were right to try , you are fighting society's conditioning , and you might not winJust had a bit of a lightbulb moment with the missus while watching the giro d italia, I just mentioned in passing that I'm worried about the situation the kids are getting in spending rather than paying down debt, she said that's because I wouldnt be happy if I was in the same situation, but they have every right to chose what they want to do.
I have to stop trying to tell them what to do, they are 40+ years old, maybe she is right again. Lol
Well if the ownership is so convoluted, trust fund and companies ect. yet an oliarch is the guy living on it and holding parties then go for it.Watch Police Seize $578 Million Superyacht Linked To Russian Billionaire
The “Sy A” was seized in Trieste, Italy, amid a crackdown on oligarch wealth to pressure Vladimir Putin to halt Russia’s war on Ukraine.www.huffpost.com
Italy’s financial police (@GDF) has just frozen “SY A” - a sailing yacht worth ~€530m located in the Port of Trieste. The yacht could be linked indirectly to Andrey Igorevich Melnichenko - an individual in the EU sanctions list.
key words are 'could be ' and ' indirectly ' .. it doesn't matter if the sanctioned person was Putin himself or even Osama bin Laden once you start using 'wiggle words like that ' ...
The banks are starting to prepare for the wreckage.
Two of Australia’s major banks are cutting back on new lending to more highly indebted borrowers, as financial institutions and regulators prepare for the impact of rising interest rates on mortgage customers.‘No appetite’: ANZ and NAB tighten higher risk lending
Two of Australia’s major banks are cutting back on new lending to the most highly-indebted borrowers.www.smh.com.au
As money markets bet on a series of interest rate rises this year, ANZ Bank this week said it would no longer accept loan applications from borrowers with total debts more than 7.5 times their income. Previously, the bank was prepared to consider applications from customers with debt-to-income (DTI) ratios of up to nine times.
here we go the sensational articles about whinging are in.
A Sydney couple who pay $3400 a month for their mortgage, have been left reeling by the mammoth interest rate hike and predict things could get “difficult”.
Are these people from mars? they could of predicted it with a mortgage calculator before they took the loan out.
I am beginning to think these are the people that are responsible for the runaway prices, vicious circle that is eating itself alive.
And now they want everyone else to chip in right?
This crap really makes my blood boil -- picture an old man yelling at clouds and that is pretty much me.
I was reading an article from a well known economist recently arguing that the RBA needs to be very mindful about the impact increasing interest rates will have on recent home buyers who are heavily leveraged. While I have a level of sympathy for those with massive mortgages I certainly hope the RBA makes its future decisions on rate rises that are in the best interests of broader economy even if that means those carrying huge mortgages feel significant pain.
As I've mentioned I have some sympathy. But the RBA has a job to do. The key point there is highly leveraged. Where else would you get people trying to argue for leniency with a highly leveraged product? Can I borrow 9x my income to buy shares/futures and then whinge when it's difficult? lol. RBA is working for the economy not for individuals who should've known better, and quite frankly, probably new it would be difficult if rates raised. They took a chance that they could pay down enough before that would be an issue, or assumed there pay would raise at a greater rate. Not all gambles work out ....
This crap really makes my blood boil -- picture an old man yelling at clouds and that is pretty much me.
I was reading an article from a well known economist recently arguing that the RBA needs to be very mindful about the impact increasing interest rates will have on recent home buyers who are heavily leveraged. While I have a level of sympathy for those with massive mortgages I certainly hope the RBA makes its future decisions on rate rises that are in the best interests of broader economy even if that means those carrying huge mortgages feel significant pain.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?