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

To: sylvester80 who wrote (1139980)	6/7/2019 12:12:13 PM
From: Jamie153	Read Replies (5) \| Respond to of 1574616

The interest rate cut will help corporations after they borrowed $10 trillion to buy back stock but it'll also hurt financials who need higher rates to make money. We have a massive amount of store closures happening already this year and we'll most likely beat the all time record and it's all happening when the economy is growing and in its 10th year of recovery. We live in very odd times. It's as if there are two economies, one for the rich and one for the rest of us. It looks like these two economies are about to converge....then we'll see what happens. The rich economy is based on massive corporate and government debt.