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

To: carranza2 who wrote (102834)	9/20/2013 12:43:47 AM
From: Haim R. Branisteanu	Respond to of 217743

In theory you are right but for the near future I do not see it - it does happen in China but not in the US IMHO. Printing money and pushing up financial assets does not grow an economy, but makes very few much much more richer and this is the very sad part. IMHO opinion the FED members work on theories not on practical issues. To get a low interest mortgage you first need to have a job to support payments. Retail jobs do not support a great deal of mortgage payments but a manufacturing job with expertise does and then the issue of 6% or 7% for a mortgage is not a great deal of difference as pay per hour is more than double.