Harold
What's holding the markets up?
LOTS of wishful thinking and media
hype.
Economist from Moody's talks about
what's going on in the real world.
Short and sweet.
Video:
http://www.realecontv.com/page/2923.html
- Brasscheck
What's holding the markets up?
LOTS of wishful thinking and media
hype.
Economist from Moody's talks about
what's going on in the real world.
Short and sweet.
Video:
http://www.realecontv.com/page/2923.html
- Brasscheck
The Non-Recovery Recovery
(Pardon the built-in pre-roll ad from
one of countless "tool" financial companies)
Rates going even lower?
"Pushing on a string"
It's one of those things you can do if you want, but it won't get you very far.
Lending requires two things: a willing lender and a willing borrower.
Rates can only do so much to stimulate demand for credit when borrowers lack the confidence they can pay back. (After all, they're no investments banks with friends in the White House and in Congress.)
We shall see, but one thing is for certain...an economy that has no jobs and/or a high and growing percentage of low paying jobs is not healthy no matter how you spin it.
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