'Atlas Shrugged': From Fiction to Fact in 52 Years

Discussion in 'Economics' started by Midas, Jan 10, 2009.

  1. tradersboredom

    tradersboredom Guest

    interest rates will only rise if economy is booming or inflation from rapid growth in the economy.

    the rates are non artificially but reflection of slowing economy that needs a stimulus or reason for capital to invest in real estate or assets.

    right now capital is sitting in t-bills and 10 year bonds earning less than 3% until real estate or asset prices have higher returns from super low price capital will sit there.

    real estate prices are still relatively expensive.

    the recession is a 'market correction' from high speculation and overleverage like many booms before.









     
    #61     Jan 11, 2009
  2. But you forgot about the part where PHIL GRAMM enabled them to be the kind of crooks that they are . . . spearheading the "Commodity Futures Modernization Act of 2000" that allowed for un-regulated credit default swaps and the Enron's of the World with not even a committee hearing or a recorded vote, and cleverly packaged into the "FY 2001 Appropriations Act".
     
    #62     Feb 25, 2009