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A comment on The Shock of Sweden's Housing Market Is Hitting the Country's Currency. Parent comment

Re:The Shock of Sweden's Housing Market Is Hitting the Count... by cylinder on Wednesday November 15, 2017 @04:59PM (#15708252)
Many healthy countries have been held hostage by others doing ZIRP so they had to cut rates due to their currency being too strong.
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Re:The Shock of Sweden's Housing Market Is Hitting the Count... by opportune on Wednesday November 15, 2017 @05:26PM (#15708474)
I don't know much about this. What would have happened if the other countries/currencies didn't cut rates? Is it just capital flight to the lower-interest currency?
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