Thread: Next recession?
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A Man of Wealth and Taste
 
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Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
Quote:
Originally Posted by KC911 View Post
You've got it ALL wrong imo. The "cheap, easy credit" of ultra-low FED rates are exactly the "cause" of this crap. The FED rate absolutely needs to go back to traditional levels....and we are NOT there yet. What do YOU think the FED prime rate should be? Serious question. Will it have a negative impact on growth? Absolutely....just like it has been since '15...

The recent GDP growth numbers don't come close to growth a couple of qtrs in 2014 btw.

Just saw my R Congressman being interviewed.....he said increasing the national debt was nothing to be concerned about. I think he's an idiot . Is that PARFY ?
Better be careful of what you wish for.
Old 11-06-2018, 08:58 AM
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