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Govt & Pundits Go On Bbc Film Saying How 'teaser Rates' Brought Downfall Of

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how can they go on camera saying that MBSs duped the world, teaser rates duped borrowers, etc etc etc

yet MBSs (rated AAA allegedly) are back and 2 yr teaser rates can be found at Crock,

what a bunch of hopeless idiots, will they not be satisfied until the country is completely bust?

you couldn't make it up, do they never learn? what IS the matter with them? they are making the same blunders again...what the f*** is wrong with these people?

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More importantly how can the BoE allow it?

Although now technically teaser rates aren't below base rates, but the original principle of teaser rates are to undermine central bank monetary policy.

They also con people into taking bigger loans because they are "more affordable".

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