Re:EU brings in 'right to repair' rules for appliances
by baq on Wednesday October 02, 2019 @03:50AM
(#21134197)
> - I can't get a mortgage because my income is not denominated in euros because others have been burnt by cross currency loans
this isn't the correct thread to discuss this but i'll bite - it isn't that others were burnt, it's that the banks were stupid enough to actually loan out as much money in a currency that people hadn't had income in and when the inevitable came, it was the banks that had bigger problems. i don't want the bank to lose my money if you and a few thousand others suddenly default on their mortgage at the same time.
this isn't the correct thread to discuss this but i'll bite - it isn't that others were burnt, it's that the banks were stupid enough to actually loan out as much money in a currency that people hadn't had income in and when the inevitable came, it was the banks that had bigger problems. i don't want the bank to lose my money if you and a few thousand others suddenly default on their mortgage at the same time.