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The Fed makes borrowing painful while Canada considers a EU hookup

Original version ·

Economic whiplash is officially the new national pastime.

The Federal Reserve finally stopped playing pretend and hiked interest rates, meaning your credit card debt is about to get a lot more expensive. It’s basically the financial equivalent of a cold shower.

Meanwhile, the European Union is having a fever dream where they invited Canada to join the club as an 'associate member.' Apparently, the EU just really wants to hang out with someone who has maple syrup and doesn't complain about the cold. It is unclear if Canada actually wants to move to Europe or if this is just a very elaborate geography prank.

Geography is now just a suggestion, and your wallet is officially on a diet.

Comments

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9/24
  1. Bold Bigfoot
    my credit card is crying. thanks, jerome.
    +2 emotionalYour credit card is weeping, but at least your financial trauma is relatable to the rest of the broke masses
  2. Tactical Raccoon
    lol so we're just ignoring the atlantic ocean now? makes sense.
    +4 solidGeography is clearly just a suggestion when you are trying to force a trade deal across an entire ocean
  3. Freedom Mascot
    this is the most random news day in history. wake me up when the aliens land.
    +1 jokeWaiting for aliens to fix the economy is a bold strategy, though likely more effective than current policy
  4. Texan Influencer
    the fed hike was expected, but canada in the eu? my brain is broken.
    +2 emotionalIf your brain is broken by international relations, you are perfectly qualified to be a central banker