Finance

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BubbleMonkey , in Is It Better to Rent or Buy? A Financial Calculator.
@BubbleMonkey@slrpnk.net avatar

NY times again telling people it’s better to own nothing.

“Save” 133k over 10 years, but throw all the rest of your housing money directly down the toilet. Can’t sell a rented apartment when you no longer need it, so even if the house doesn’t appreciate, you still come out far ahead with buying in most situations.

Plus you never stop paying for rent, but eventually you stop paying the mortgage.

awesome_lowlander , in "China was trying to ensnare us in a debt trap": Forewarned by India, Nepal steps back from China’s Belt And Road Initiative

Cue the tankies to show up soon explaining how China had everybody's best interests at heart, and all previous examples were taken out of context.

trevron ,

Cue the preemptive jab at anyone who might say some reasonable shit about America's boogeyman.

Oh no! 2% interest on a loan, how dare they? Meanwhile wells fargo is getting away with a 33% interest credit card on me lol

Nepal wants a grant instead and China said no. So the logical conclusion is foul play?

Smells like ✨propaganda✨ to me.

Chuymatt ,

Did you read the article?

awesome_lowlander ,

Oh no! We're comparing credit card interest rates with country-level loans! And they're higher! Gosh! Never mind that the IMF interest rate is half of that. 🙄

the logical conclusion is foul play

Nobody but you claimed foul play, only bad intentions.

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