- Reject the change in terms, terminating that card but allowing me to continue paying off the old balance at the old rate;
- Get a new card under the new terms from the same credit union to have for new charges paid off 100% every month no matter what;
- Get a new Amtrak card to churn like crazy for travel points. Yay, free trains!
In related news:
PIMCO is moving out of US and UK bonds and into German.
Iceland's president vetoed a bill that would've required Icelandic citizens to cover Icelandic bank losses to foreign depositors. It worked out to around US$41,000 per family, and there were significant protests. (Polling shows 70% of the population opposed the bill.) The UK is making threatening noises at Icelandic voters to pass the goddamn thing in a referendum which will apparently happen following the veto.
Rumour on the street says that a second stimulus package is going to be coming down the road in the US, and possibly soon. T-bills rates are all over the place; dollar's a little lower, but not enough to care; oil's slightly up. Major oil producers are shuttering refineries to "align" supply and demand; that'll translate into higher retail prices in a couple of months.
Please enjoy looking up the Kondratiev Wave model in economics.