Musical Chairs (@musicalchairs14) 's Twitter Profile
Musical Chairs

@musicalchairs14

Account has morphed into geeking out on Govt $ / econ / climate data. Hopefully shedding the occasional bit of light on important things. Anon for good reasons.

ID: 1363008185074769923

calendar_today20-02-2021 06:10:59

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Musical Chairs (@musicalchairs14) 's Twitter Profile Photo

The mortgage lending comeback seems to be calming down. Banks 'only' pumped $82 billion of new mortgage loans into the economy in the year to April. That's $225M per day. We repaid about $66bn of mortgages, so the net increase was $16bn ($44M per day 🥂)

The mortgage lending comeback seems to be calming down. Banks 'only' pumped $82 billion of new mortgage loans into the economy in the year to April. That's $225M per day. We repaid about $66bn of mortgages, so the net increase was $16bn ($44M per day 🥂)
Musical Chairs (@musicalchairs14) 's Twitter Profile Photo

Yeah, look, I know the song is about the unmatched pleasure of throwing bottom-feeders out of your rental, but it's got a great guitar riff. I might buy the t-shirt.