TheRifleman
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- Sep 25, 2008
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^^^^
Good point--- Believe me I get it. --- The economy is all about a balance/equilibrium.
We have had low interest rates for almost 2 decades since the 2000 dot.crash when Greenspan needed to release the equity out of the American Taxpayers homes.
Now after almost 2 decades of low interest rates what do we have as a country?
GOVT Spending and DEBT that has gotten so out of control that if they raise interest rates an entire POINT the GOVT DEFAULTS. They can't pay the interest on the debt:
Also don't forget about the rising insane costs of the pensions and Healthcare.
Along with outdated Rotten Infrastructure--Bridges, Roads, Airports.
It's not a pretty picture.
Good point--- Believe me I get it. --- The economy is all about a balance/equilibrium.
We have had low interest rates for almost 2 decades since the 2000 dot.crash when Greenspan needed to release the equity out of the American Taxpayers homes.
Now after almost 2 decades of low interest rates what do we have as a country?
GOVT Spending and DEBT that has gotten so out of control that if they raise interest rates an entire POINT the GOVT DEFAULTS. They can't pay the interest on the debt:
Also don't forget about the rising insane costs of the pensions and Healthcare.
Along with outdated Rotten Infrastructure--Bridges, Roads, Airports.
It's not a pretty picture.
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