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Divine Intelligence, etc

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Do You Have a Variable Rate Mortgage?

Bruno: One of the big questions for anybody with a variable rate mortgage is, do they go long now and try and avoid it going much higher? Bruno: The only reason to borrow money is you can't feed your kids. So out comes the credit card. That kind of borrowing is what it looks like to me. It's not good. If that's what's going on. We're talking about the last gasp of... Bruno's here to collect.

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