After years of tighter lending standards, U.S. lenders are turning on the credit spigot again. This comes as banks try to compete harder for customers, given that the spike in borrowing costs has quickly shrunken the lucrative market for home refinancing.
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You write that headline as if there is anything wrong with that. This is the way a modern economy works. And the only way that it can work. Everyone knows that.
Giving the ultra rich even more money and power will benefit everyone!
Tax cuts all around!
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