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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (52187)	7/6/2009 10:06:34 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 217884

TJ, It depends which interest rates they mean: <The US economy is lurching towards crisis with long-term interest rates on course to double, > If my US$ interest rates are increased by an order of magnitude, I will still not be able to buy a Happy Meal with the interest. I could make it a half year term deposit and get a Happy Meal if it was multiplied by 10. But that would still be not much. <Polonius: Neither a borrower nor a lender be, For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.> There's no economic problem - it's just a matter of whether the lenders or the borrowers lose their shirts. Those without debts to repay or loans to recover don't have a problem unless the politicians steal from them to give it to the debtors and creditors. They wouldn't do that would they? One or other of the lenders or borrowers will have to get a real job. I'm wanting to hire a lot of them. I have a long list of things which need doing. I'll pay them in Zenbu credits or CDMA phones. As the Seven Dwarfs sing on the way to the mine, "I owe, I owe, it's off to work we go ..." Here they are in the mine and on the way home: youtube.com No gold in their thar hills. Gung Ho, Mqurice