What decade would you relive?
As awesome as the 80s were I wouldn't relive any of it I think. I want to go forward and meet my appointed time lol.
51-55, M
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NoGamesTolerated · F
NoGamesTolerated · F
@Thechain One of the 2 for certain things of life.
Spoiledbrat · F
I didn't graduate until 91 so not the 80s.
Starcrossed · 41-45, F
Can it be a decade not from this lifetime?
swirlie · 31-35, F
[c=008099]
The 80's started out with hyper-inflation across the globe which began in the 70's where interest rates for personal loans and mortgages were in the neighborhood of 18% for a standard fix-term mortgage. That lasted for a full 5 years from what I've read, so I'm not quite sure what part of the 80's you thought were "awesome". [/c]
The 80's started out with hyper-inflation across the globe which began in the 70's where interest rates for personal loans and mortgages were in the neighborhood of 18% for a standard fix-term mortgage. That lasted for a full 5 years from what I've read, so I'm not quite sure what part of the 80's you thought were "awesome". [/c]
swirlie · 31-35, F
@Thechain
[c=008099]
Would have to have been there to know? Really Thechain? 🤔 You don't get out much, do you?
For the last 4 weeks, the 1980's economic situation which was triggered in the early `70's is all the daily CNN Business News has focused on as a reference point to where global interest rates are heading today. Therefore, none of us living today would "have to have been there to know" what the fuck happened in the 1980's.
And speaking of "right basher", you sound like someone from the 1980's who was completely oblivious to what was going on all around you at all times despite those times bringing historic deep recessionary interest rates.
Those high interest rates were triggered by rapid inflation which was triggered by a falsely 'perceived' global oil shortage which caused the price of gas to double as far back as 1971, followed by 7 years of zero economic growth.
The price of gas then double again in 1980 and never went back down which was followed by bank interest rates rising to historical highs of 18.5% and staying there for the next 5 years. The truth is, economic history is now repeating itself and the path it will follow will bring a return to 18% mortgage rates as a means to curb runaway inflation just as HISTORY shows it did in the 1980's. Yet despite you being there at the time, you don't even remember those minor details today, right?
So much for your fucking "awesome 80's", you fucking goof ball! 🙄[/c]
[c=008099]
Would have to have been there to know? Really Thechain? 🤔 You don't get out much, do you?
For the last 4 weeks, the 1980's economic situation which was triggered in the early `70's is all the daily CNN Business News has focused on as a reference point to where global interest rates are heading today. Therefore, none of us living today would "have to have been there to know" what the fuck happened in the 1980's.
And speaking of "right basher", you sound like someone from the 1980's who was completely oblivious to what was going on all around you at all times despite those times bringing historic deep recessionary interest rates.
Those high interest rates were triggered by rapid inflation which was triggered by a falsely 'perceived' global oil shortage which caused the price of gas to double as far back as 1971, followed by 7 years of zero economic growth.
The price of gas then double again in 1980 and never went back down which was followed by bank interest rates rising to historical highs of 18.5% and staying there for the next 5 years. The truth is, economic history is now repeating itself and the path it will follow will bring a return to 18% mortgage rates as a means to curb runaway inflation just as HISTORY shows it did in the 1980's. Yet despite you being there at the time, you don't even remember those minor details today, right?
So much for your fucking "awesome 80's", you fucking goof ball! 🙄[/c]