Yeah. The last time they were doing this, was 2006 & 2007.
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And look at how that turned out geez.
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It is not always a good sign. If you have a lot of debt, it means your interest payment is about to quadruple on new debt issued.
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Oh I agree. I was there before.
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If you look at the build up to the dot com crash and the credit bubble, interest rates were moved quickly upward before the crash, if nothing else to give the fed more room to drop the rate when it did.
End of conversation
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Huh?!?
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The trump Economic boom is real.
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“Fed Vindicates Trump” — that’s your headline? How about “Economy Projected to Slow in Coming Years,” or “Economic Gains Don’t Apply to Unlucky 99%”?
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In other words, it buckled to his criticism and politics.
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banks have enough money. Stop raising the rates. Let everyone keep their money.
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