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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: goldworldnet who wrote (510949)	10/2/2012 5:20:12 PM
From: Jorj X Mckie	5 Recommendations Respond to of 794009

The problem is if the Fed losses its grip on low interest, our debt will explode. It's like a time bomb waiting to go off. yup, interest rates go up and multiple markets start to crash. low interest rates keep the dollar weak, which keeps the stockmarket strong from foreign investment. Once the dollar starts rising, foreign investment money will exit and retirement investments will dry up. Raise interest rates and home sales drop and housing prices fall. Further erosion of housing values will cause people to see that their wealth is disappearing in yet another way. One of these days we will have to take our medicine. And we aren't going to like it.