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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: HPilot who wrote (372682)3/3/2008 3:07:51 PM
From: Road Walker  Respond to of 1572295
 
Dead wrong, the rates that matter are the loans, not bonds. I am not sure which you are talking about but those loans will not go down significantly till the banks are in or almost in the black. That will take months if not 6 months.

Not the way it works Hugh. (BTW bonds ARE loans). When REAL interest rates start to go down THEN it takes six months for the economy to START to recover. But REAL interest rates are not going down.

Stagflation man, you are old enough to remember. With sloppy fiscal management why don't you think it can happen again? Did somebody grant us immunity?