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Although I believe that we can already see the interest rate peak, we have not reached it yet.
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@GHF that's my guess.....
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@GHF It can't be too far now, otherwise the southern Europeans will collapse under the interest burden
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@KevinC that was also my hope, that therefore the interest rates can not really be increased in the first place. But the EU has created constructs that allow the southern Europeans to refinance at well below market interest rates... 
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@GHF a bomb with considerable explosive power. One can only hope that this will not go wrong in the long run