Subject:
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Re: interest rates & "Economic Health"
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Tue, 20 Apr 2004 18:50:37 GMT
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Viewed:
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3038 times
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In lugnet.off-topic.debate, John Neal wrote:
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In lugnet.off-topic.debate, Scott Arthur wrote:
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In lugnet.off-topic.debate, John Neal wrote:
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In lugnet.off-topic.debate, Scott Arthur wrote:
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In lugnet.off-topic.debate, Scott Arthur wrote:
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What makes you think that our domestic economic health is bad? Seen
interest rates lately? I wasn’t even charged interest on my new Jeep!
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Ever thought about why interest rates are so low?
Scott A
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I neglected to add this
link.
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That is old news with outdated figures.
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OK. Tell me what has changed over the last month!
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http://www.cbsnews.com/stories/2004/04/03/politics/main610148.shtml
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Hardly a rosy picture!
“Fewer jobs at home. No pension protection. No health care plan. Gambling the
future of Social Security and Medicare”
“The Labor Department said the nation’s unemployment rate had edged up from 5.6
to 5.7 percent in March”
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And BTW, that reminds me. Seen our
rate of inflation lately?
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What does low inflation & low interest rates signify? Clue: Take a look at
the Japanese economy.
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It signifies that prices are low so stuff is cheap, and getting money is
cheap as well.
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No, it signifies there ia zero demand.
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I am a small business owner, and for me, this is the best economy I have
experienced since I started paying taxes some 30 years ago.
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If real interest rates are the lowest for 30 years, what is the incentive
for me to invest in your economy?
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Borrow money and start a business or buy property!
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The US$ is weak for a reason.
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It has been a
lot worse, and yet it is improving. I know this because the shrill
Democrats aren’t harping on about the economy lately;-)
The one thing that sucks is the price of gas, but since we invaded Iraq for
their oil, I’m sure that that will be coming down any day now.
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Perhaps Iraq will join OPEC once it shakes off Bush?
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How could they do that if we are taking their oil?
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The price of gas should be much higher: it is a finite resource which
causes gross environmental damage.
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No. As it is now it is virtually infinite.
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Production will peak in 5-10 years time.
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By the time the resource is
exhausted, technology will have provided us with an alternative-- an
alternative that was discovered by the free flow of oil to the industry and
economy of the US.
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Will this “alternative” bring back the ice caps?
Scott A
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Message has 1 Reply:
 | | Re: interest rates & "Economic Health"
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| (...) Please indicate for me a time when the picture was rosy so that I may compare. (snip) (...) Don't be so intelligent. I am a consumer. Prices are low. I don't need to know about theoretical economic BS that nobody is sure about anyway. (...) (...) (21 years ago, 20-Apr-04, to lugnet.off-topic.debate, FTX)
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Message is in Reply To:
| | Re: interest rates & "Economic Health"
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| (...) (URL) (...) It signifies that prices are low so stuff is cheap, and getting money is cheap as well. (...) Borrow money and start a business or buy property! (...) How could they do that if we are taking their oil? (...) No. As it is now it is (...) (21 years ago, 20-Apr-04, to lugnet.off-topic.debate, FTX)
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