Why does the US have majority fixed Rate mortgages compared to variable rate mortgages in Europe and rest of the world?

#mortgage #usa #europe #india #australia #restoftheworld

https://en.m.wikipedia.org/wiki/Mortgage_industry_of_the_United_States

"We asked our readers to send us images of technology’s impact in their communities — as seen from their lenses. We received 548 entries from around the world, including from Afghanistan, Mexico, Nigeria, Iraq, and Pakistan. Photographers captured a wide range of issues, from facial recognition software used at gated communities in Brazil to students studying on their phones during a power outage in India. " #Photography #restoftheworld

https://restofworld.org/2023/winners-2023-photography-contest/

It must be hilarious for the #RestOfTheWorld to watch a pompous, arrogant, big-headed, yester-year country like the
"U"K🇬🇧 make fart noises as it deflates like a balloon with a puncture.

IMO it has to deflate entirely before the holes can be patched and sensible, independent things can begin to grow in its place.

@ChrisMayLA6

👆 Finally the "U"-'we had an empire you know'-K🇬🇧 is going to have to face its real place in the world whether it likes it or not (spoiler: it's not going to like it).

Think of a faded-grandeur south-coast Victorian holiday town (Bognor etc.) - that's how the #RestOfTheWorld sees the "U"K🇬🇧 now - trying to cling to a #WorldOrder that doesn't exist any more; an "I used to be a somebody" country.

Little wonder many want out of the #SmallerEnglishEmpire🇬🇧 now...

I just learned that yesterday, the EU government gave Musk an ultimatum, to get “extremely hardcore” moderation, or be cut off from the EU. By the way, 80% of Twitter users are not in the U.S.

#BirdSite #Twitter #EU #Europe #RestOfTheWorld #Twitanic