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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Maurice Winn who wrote (23137)9/3/2002 4:12:49 AM
From: LLCF  Respond to of 74559
 
<DAK, what lowering interest rates can't do is force people to borrow. >

And lowering the price of Porsches don't make people buy them either.

Really Maurice... your axe head is getting aweful small from all this grinding.

<But, Uncle Al will be successful in his intention of keeping the economy burbling along and maintaining the value of the US$. >

Ahhh, we shall see. I recommend more space inbetween your thoughts... let some light in, kick back, and have some wine and cheese. Bets are placed... let's enjoy.

DAK



To: Maurice Winn who wrote (23137)9/3/2002 4:20:17 AM
From: LLCF  Respond to of 74559
 
From your post:

<<DAK, what lowering interest rates can't do is force people to borrow. >>

<<Cutting interest rates as much as he has done will induce plenty of people to borrow money to buy stuff. >>

Yea... OK.

So can you comment on the savings rate in the US vs interest rates???

Here's something to bone up on:

newaus.com.au

dAK


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