Interest Rates

[parsley]

http://www.guardian.co.uk/world/2012/apr/10/euro
pean-stock-market-panic-selling


Make sure you left some cash to eat in your
budget for hungry interest rates. IMHO Pars

[cottonpicken]

Travel down that rabbit hole a little deeper,your not
going to like what you see.

[parsley]

Are you referring to the next countries in the EU on the sovereignty-surrender list?

[parsley]

Or Canadian interest rates?

[cottonpicken]

http://www.youtube.com/watch?v=I5QwKEwo4Bc

[cottonpicken]

The entire western world is in a crisis.

Canada maybe the best of the bunch but all of us are
running out of ways to fund ourselves.

Monetary policy should be letting interest rates
gravitate higher to increase savings,tame
inflation,cleanse mal investment and let market forces
work.

But now we can't(time out here,by we i mean north
america,we are one in the same)let things be solved
by market forces.

The debts are to high,government,business and
households.

The social programs are to entrenched.

Most forums i visit absolutely hate the governing
financial bodies but personally i think the system is
being managed pretty well all things considered.

[sumdumguy]

managed well? You gotta be kidding. This is
nauseating. This low interest policy has enticed
the entire western world into over- leveraging
itself to the point of no return.

Bubble after bubble all hoisted onto the backs of
the savers and seniors, that is responsible public
policy? Houses are getting so big that these
young people will need golf carts to get from one
end to another. Hire another maid and a nanny,
go get another line of credit, the money is free.

[cottonpicken]

They've managed to keep it from falling apart for so
long.

Spain and italys domino is so big watching them fall
will be many multiples of greece..

[wd9]

sumdumguy, seniors? Really? You mean that
generation that enjoyed financial growth
and prosperity like no other generation
that has ever or will ever be?

[sumdumguy]

WD9 if 22% interest and operating lines that
ticked away every day sounds like fun to you, try
it. Then try 1980. No crop, repeated in 1986, 88-
all drought years with $3.00 wheat. Wow,

Young guys you babble away about the last
generation living the good life, I cant say it was
dire hardship, but never did we have free money
locked in for 30 years. We lived in the rink all
winter, not in Hawaii. We looked at our parents
as privileged playing golf in Phoenix at 58. So
every generation goes. Your kids will look at how
easy you had it. There is opportunity everyday
and if you are at the right pkace at the right time,
and you have balls, you can snap it up. Its the
followthrough that I've noticed some lack. I love
this site because I hear you young guys and
wish I were you. I admire the SF3's the Klauses,
the Burberts too, because of the volley.

There was a reason land was cheap in the 80s
and 90s. There was no margin! No matter how
you pencilled, she no workee. Aida, Cais, Cfip,
agriStability pulled a lot of guys through, even if it
was slow.

So Wd, I don't begrudge you the ride, just
remember the cheap money is coming gratus the
saver and the senior, problem is that the bubble
comes with it. Not sure what is going to change
it.

A little advice young un, I want to pass to you.

My uncle used to say, if someone comes to you
trying to sell you something, buy it cause it will be
cheap.

[errolanderson]

My personal view is there won't be any
interest rate hikes for a very long
time.

Any rate hike would be direct hit on the
stock market. Also, still see no
evidence of QE3. This is a very high
risk poker game for the US Fed.

PS: Stock markets called higher today
due to Fed stating interest rates won't
move. And the market still reacts to
these statements? Equity markets are
living off of central bank balance
sheets and it is getting very tired.
Feel there is some market nastiness
coming down the pipe fairly soon.

Errol

[sumdumguy]

Any idea what might be coming? european
meltdown or US?

[parsley]

Sum, since you mentioned EU vs US, take a
peek at the chart on smalldeadanimals.com. I-yi-
-yi-yi-yi Shall we find a quiet spot with a wine
cellar and pistols, in which we can remain
obscure and secure, from the youth-riots and
entitled-occupiers which are bound to come?
Pars.

[errolanderson]

Europe's problems are just beginning. Had
to laugh this morning when Bloomberg
pronounced that U.S. banks were now out of
the woods and nothing but great guns
ahead. China hard landing lies ahead that
may last 2 to 3 years IMO.

Pars, like your wine 'n cellar idea.
There's going to be more global riots
before this is all over.