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I imagine most Americans can relate to the problems with credit card companies taking advantage of us, from raising interest rates despite poor payment history to offering credit to high-risk consumers. It's nice to know someone in Washington is paying heed.
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charles hugh smith-How Low Interest Rates Fueled the...
To cut to the chase: 1. negative interest rates (lower than inflation) inflated the housing bubble. 2. insanely low rates of return on savings drove money managers into high-risk investments like CDOs, credit swaps and mortgage backed securities. 3. insanely low rates... more
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Fed Rate Cut - The Good, The Bad & The Ugly
There is a law in physics that says: For every action, there is an equal and opposite reaction. The same is true is a rate cut by the Federal Reserve. Many people get excited when the Federal Reserve cuts a key interest rate. They somehow see this as a magic bullet that is... more
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JPMorgan Chase Buys Bear Stearns for $2 per Share and...
This is a huge issue and am glad to see that Gen X is analyzing it. He has excellent insight that warrants close attention.
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Real Interest rate increases with inflation dipping down...
From the page: "As India's inflation dipping down to 0.44% for the week ended March 7th may have raised the concerns for severe slowdown in the coming times but there are also going to be increased real returns."
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Which country will be the next to raise rates? | Forex...
Australia was the first country to raise the interest rates after the great rate cuts that followed the global crisis. Which country will follow?
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