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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Moominoid who wrote (30265)4/28/2005 12:24:05 AM
From: Elroy JetsonRead Replies (2) of 306849
 
I see no reason why the Fed shouldn't continue to restrict credit growth until rates are back to up to a more neutral rate like 5.5%.

Trying to use lower interest rates to further delay the long overdue recession and de-leveraging only leads to the dead-end Japan has endured for the past 15 years. Time for America to take its medicine.
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