Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (197104)	10/11/2002 2:41:51 PM
From: Les H	Respond to of 436258

Outlook: Duisenberg is right: low rates won't fix the eurozone's woes news.independent.co.uk

To: Les H who wrote (197104)	10/11/2002 2:42:35 PM
From: hdl	Read Replies (1) \| Respond to of 436258

dow giving some of today's gains back

To: Les H who wrote (197104)	10/11/2002 4:11:03 PM
From: Tommaso	Read Replies (1) \| Respond to of 436258

More anecdotal evidence. Lots of noise across the street this morning. My neighbor's (looked OK to me) driveway being gouged up for a new one. They have two small kids and have just built a new garage/office/guesthouse out back. Talking to my neighbor he says happily, "We've never come close to getting into debt like this before. But rates are low!" Now what happens if what is probably an adjustable-rate loan goes from maybe 5% to 8% or higher? What happens if his wife's home-decorating business loses customers?