Just more Democrat bull manure 3-8 Feet of Se
Post# of 65629
3-8 Feet of Sea Level Rise is coming Again today questions during Powell's testimony
According to Science commitee tied to CO2 levels based on current temp levels there will be an elimination of costal communities and the significant migration in London. Again the question how is the Fed preparing for the coming collapse in housing. Is the Fed factoring that in the value of mortgages and forward rates and housing policy
And further since it is so obvious this is coming, mortgages in those areas will collapse well in advance. Mortages that are a 30 year morgage may well literally be under water before the end of the mortgage.
These kind of question for Powell seem to be staple at Powell's testimony today. This kind of utter bullshit seems to be at the forefront of many legislators minds.
Bottom line whether they believe it or not this agenda is being promoted and they really do not like the industry we choose to invest in.