The way I understand it, you do not lose it. You will just not get anymore perks. The Durban bill is the shittiest thing for the connedsumers. Read it. It will still affect Canada.
* Turkey’s central bank has hiked rates by a cumulative 3,650 basis points since May 2023.
* Inflation in the country of 85 million last month jumped 6.7% from December — its biggest monthly increase since August — and rose 64.8% year-on-year.
* Economists expect a hold on the current interest rate for much of 2024, and some see inflation roughly halving by the end of the year.
The goofball we have as PM is bemoaning interest rates because it hurts housing, which is our #1 GDP generator. The beggars were more than happy to let China use the Calgon method in Vancouver and Toronto to jack up housing beyond the reach of most people and now complain interest rates are too high for these same laundering thieves to carry the new mortgage payments.
It’s so frustrating how all these dumbed down people are blaming capitalism when we have the exact opposite of a free market
What we have is CORPORATISM aka Italian fascism.
A merger of the gubmint and corporations.
When I was in Vermont I saw true capitalism. Small business everywhere and I didn't see so much of the big corporate companies I see in my state.
People confuse capitalism with the crony S!@#
The Invidia (NVDA) rug pull is going to be hilarious.
Mornin’ G...
lookin’ Utopia
Feelin’ Dystopia
Capital one bought Discover. Why does this matter?
No more cash back
No more points.
No more fraud protection.
This list goes on. The mechanism to strangle us is in play. The Durban bill will pass.
I'm in Canada and Costco sold out their Capital One cash back account to CIBC. I just cashed mine in January.
The way I understand it, you do not lose it. You will just not get anymore perks. The Durban bill is the shittiest thing for the connedsumers. Read it. It will still affect Canada.
How can they drop rates with 10 trillion in bonds to sell off in 2024?
The 4th Reich
https://open.substack.com/pub/fritzfreud/p/generalstrike-why-we-all-must-support?r=1k6a7g&utm_medium=ios&utm_campaign=post
Turkey ends hiking cycle after 8 months, holding key rate at 45%
https://www.cnbc.com/2024/02/22/turkey-holds-interest-rate-at-45percent-for-first-time-after-8-months-of-hikes.html
* Turkey’s central bank has hiked rates by a cumulative 3,650 basis points since May 2023.
* Inflation in the country of 85 million last month jumped 6.7% from December — its biggest monthly increase since August — and rose 64.8% year-on-year.
* Economists expect a hold on the current interest rate for much of 2024, and some see inflation roughly halving by the end of the year.
The goofball we have as PM is bemoaning interest rates because it hurts housing, which is our #1 GDP generator. The beggars were more than happy to let China use the Calgon method in Vancouver and Toronto to jack up housing beyond the reach of most people and now complain interest rates are too high for these same laundering thieves to carry the new mortgage payments.