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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Mike Johnston who wrote (76651)12/26/2006 2:13:31 PM
From: jimmg  Read Replies (3) of 110194
 
<<Maybe people would start saving if interest rates were positive ?

Mike, 99.999% of the people doing the borrowing and spending don't think about the interest rate versus inflation. They want a new car or house or home theatre system and they care only about the monthly payment in relation to their income.
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