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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MulhollandDrive who wrote (250512)7/16/2003 5:25:49 PM
From: Perspective  Read Replies (3) of 436258
 
I doubt rates will go much higher any time soon. Rates can't go up much because the economy is entirely dependent upon the real estate bubble which is entirely dependent upon ever falling interest rates.

Eventually rates will stop falling enough to produce economic lift, and it will all fall apart. With Fed Funds at 1.0%, you are very nearly there today.

BC
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