ringmastery
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Wed Apr-14-04 01:53 PM
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What will higher interest rates and inflation mean for the economy? |
Tempest
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Wed Apr-14-04 01:58 PM
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1. The housing bubble will pop, big time |
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A bubble in housing, with worries of a pop Some fear mortgage rates could cause major problems http://msnbc.msn.com/id/4703943/
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Sandpiper
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Wed Apr-14-04 01:58 PM
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2. The housing boom will come to a screeching halt |
Warpy
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Wed Apr-14-04 02:03 PM
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5. Yes, and take the rest of the consumer economy with it |
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The main thing fueling the consumer economy is the need for things like major appliances every time some yuppie floats a loan for a bigger heap of masonry "as an investment."
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GainesT1958
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Wed Apr-14-04 01:59 PM
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3. Shows Kerry was right to re-introduce the "Misery Index"... |
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For what can happen in that situation (inflation and high interest rates together), see (unfortunately) Jimmy Carter's last two years, brought to us by the Bush family's buddies at O.P.E.C.!:grr:
Ronald Reagan's people made some devastating commercials about this in 1980...looks like Kerry may just be able to do the same thing to Dub...only hope it sticks as well!
B-)
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PROGRESSIVE1
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Wed Apr-14-04 01:59 PM
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4. The spike in energy prices can slow the economy down as.... |
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the prices will take away much of the "stimulus" that Bushler gave to we average folk.
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DU
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Sun May 12th 2024, 12:12 AM
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