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Outrageous Positive Spin on Negative GDP – Ep 804

The Peter Schiff Show Podcast

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Mortgage Rates Continue to Rise, and That's a Major Implication for the Economy

Mortgages and re finances are plunging. And this has major implications for the economy. Wells fargo just announced major lay offs in its home lending business. Why? Because people aren't able to do any refi. So they don't need all these mortgage agents if people can't refinance their mortgages.

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