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Politics : Welcome to Slider's Dugout
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To: surelockhomes who wrote (8654)3/21/2008 5:13:44 PM
From: Fiscally Conservative   of 50693
 
When they(the Fed aka the Boyz) start cutting rates as fast as they are now,and have before,they are availing easy credit,dollars,to the market which in turn avails that easy money to the retail(consumer). The last time they did this the bubble created was in real estate. Where,oh,where will the next bubble be? Granted this will NOT happen over night. It will take a couple of years. We have much to do to alleviate the debt derivatives created with the last insane financing easements. To think what will take place this time...,oh the possibilities!
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