Latest Breaking News

joshcryer

(62,536 posts)

28. Owning homes is good, but it could affect upward mobility.

Tue Dec 30, 2014, 08:37 PM

Dec 2014

The reason being that mortgages in Russia are very high interest, so Russians can't move from their homes, and they have little resell value, again because of those high interest rates. So buying and selling homes is a very real issue there.

The United States isn't going anywhere.

Until people recognize US economic dominance in the world, they will bury their heads in the sand.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

44 replies

= new reply since forum marked as read

Highlight:

As oil falls, Russia choked by military, social spending [View all] 1step Dec 2014 OP

it's what happens when you dont diversify- belzabubba333 Dec 2014 #1

Obama: "They rely on oil. We rely on oil and iPads and movies and you name it." jakeXT Dec 2014 #3

that's why the irish had their potato troubles they only grew the one crop when disease swept in belzabubba333 Dec 2014 #4

Well, the British "helped" 1step Dec 2014 #5

Precisely Sherman A1 Dec 2014 #6

legalize pot and hemp. librechik Dec 2014 #2

No way the Vodka-lobby would allow that. DetlefK Dec 2014 #7

Yep... IthinkThereforeIAM Dec 2014 #16

Choked by military spending. Wouldn't you think they would have learned? Overstretch pulled the jwirr Dec 2014 #8

+1 uhnope Dec 2014 #9

+2 Duckhunter935 Dec 2014 #15

+3 Tarheel_Dem Dec 2014 #25

But what do you know about the "revolution" in the Ukraine that displaced ... onwardsand upwards Dec 2014 #32

I have been watching what is going on. They have a choice. Go down again because of overstretch jwirr Dec 2014 #36

Not seizing territory from a sovereign country by force? Posteritatis Dec 2014 #40

The US doesn't need to seize Canada or Mexico ... onwardsand upwards Jan 2015 #43

*facepalm* (nt) Posteritatis Jan 2015 #44

The oil coup florida08 Dec 2014 #10

The word "coup" has almost lost all meaning. joshcryer Dec 2014 #23

That piece was full of hyperbole. ISIS gets hurt by oil prices, likely. Fossil fuels suck, anyway. freshwest Dec 2014 #33

The Western sanctions are hurting much less than OPEC. Igel Dec 2014 #11

The sanctions hurt the russian 1%ers. could always double the price on military gear putin sells to Sunlei Dec 2014 #12

So, the neoliberal plan to destroy Russia is working nichomachus Dec 2014 #13

Yes... Poor little Russia... Adrahil Dec 2014 #21

???!!!??? Tarheel_Dem Dec 2014 #26

Its not going to work. nilesobek Dec 2014 #35

A ha ha ha !!! vkkv Dec 2014 #14

Propaganda DeSwiss Dec 2014 #17

Agree and thanks for posting this. Nt newfie11 Dec 2014 #24

Yup. Exactly what we need, more straight talk from non-government controlled outlets like "RT". Tarheel_Dem Dec 2014 #27

Lets see how about our pillar of information newfie11 Dec 2014 #30

Who here defends Fox News? Try again. Tarheel_Dem Dec 2014 #37

Did you read past Fox News? Nt newfie11 Dec 2014 #38

Did you read past "non-government controlled"? Tarheel_Dem Dec 2014 #39

Post removed Post removed Jan 2015 #41

Owning homes is good, but it could affect upward mobility. joshcryer Dec 2014 #28

They've thrown open the old gold mines nilesobek Dec 2014 #34

He who controls the spice, controls the universe! Baclava Dec 2014 #18

With Exxon-Mobil as CHOAM 1step Dec 2014 #19

Well done! 'Many Houses depend on CHOAM profits' Baclava Dec 2014 #20

It's enough to make ya fall off the wagon 1step Dec 2014 #22

Control the coinage and the courts - Babel_17 Dec 2014 #31

pumping oil... easy to tax ... quadrature Dec 2014 #29

Russia's military spending is 10 times what it was before Putin came to power. pampango Jan 2015 #42