But, until debt is worked off, I don't think the recovery can really be trusted.
We agree! That is why I think it's a double edged sword the Fed is/ has been swinging(rate cuts). And if it works the way they intend, it's going to slit the throats of a lot of corporations. That's not a promotion of a healthy economy, or at least I fail to see how. Maybe I should have let this conversation die last night. Hm.
cheaper money can encourage spending at both the consumer level and by enterprises.
Like i said, could be hindering the process. Just putting off the inevitable, and hurting a lot more people in the process.
"Just heard on CNBC
We can't drink like drunken sailors.
Reply: "I'll drink to that!"
Sellers and TD been lurking this thread again!
Oh, back to what I was saying....
coupled with cheaper oil, this can actually stimulate the economy some.
Well, crude was up over seas last night. But still sure, let's drink like drunken sailors. To hell with tomorrow. Spend, spend , spend. |
