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Message: <blockquote data-quote="Suigin Trismegistus" data-source="post: 69120" data-attributes="member: 487"><p>The reason I say that is because 1) Trump wants credit card companies to cap interest rates on credit cards at 10%, but if you understand the business model you know this will mean that credit dries up for all but the people with top credit scores. 2) Sovereign bonds and treasuries from most countries are being sold off. No one wants government debt, and government debt is one of the primary mechanisms through which central banks create money out of thin air. Higher bonds go, higher the base lending rate goes, trending up towards what consumers pay on their credit cards. Less money, less liquidity, less credit available for the masses.</p></blockquote><p></p>