ilmscore | Prediction Details
"debt Cycles or interest rate Cycles are much harder to track because these are a very long and slow moving cycle typically interest rate Cycles take some between 50 to 100 years before they move through a whole cycle like back in around 1930s interest rates were right around 0% then in the early 1980s interest rates peaked at something like 20% so if you wanted to get a mortgage for a home in the early 1980s you might have been paying something like 20% interest a year on your home now at the time of we recording this video interest rates have come all the way back down to right around 0% and so it takes almost 100 years to go through this entire interest rate cycle"
By Minority Mindset | October 29, 2023 | Pending
From video
These Are Your Biggest Financial Mistakes (Achieve Financial Freedom In 2024) | Jaspreet Singh 01:28:11 - 01:28:54
Interpreted Prediction
Interest rate cycles are long-term, typically spanning 50-100 years, with rates fluctuating significantly over decades, as seen from near 0% in the 1930s to a peak of around 20% in the early 1980s, and returning to near 0% by the time of recording.

Prediction Details

Topic
Debt Cycles/Interest Rates

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