• You will need to login or register before you can post a message. If you already have an Agriville account login by clicking the login icon on the top right corner of the page. If you are a new user you will need to Register.

Announcement

Collapse
No announcement yet.

Interest rates

Collapse
X
Collapse
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Interest rates

    Are they finally going to go up? Or stay the course?

    #2
    Trump's policies are viewed inflationary. This has driven the USD to a 9-month high.

    December rate hike by Fed now appears more likely. But stock market correction also appears likely should rates be hiked.

    Pick your poison . . . .

    Comment


      #3
      They will in the US. Trump will make sure of it.

      Here, they will continue to fall.

      Drama boy has no economic plan beyond "lower rates - crash the dollar - tax and spend"

      I am so disgusted by the Conservative leadership line-up. O'Leary said he is staying out of it until the last minute because he knows they are a bunch of losers and he will win it. I know I am voting for him.

      Comment


        #4
        Originally posted by 15444 View Post
        They will in the US. Trump will make sure of it.

        Here, they will continue to fall.

        Drama boy has no economic plan beyond "lower rates - crash the dollar - tax and spend"

        I am so disgusted by the Conservative leadership line-up. O'Leary said he is staying out of it until the last minute because he knows they are a bunch of losers and he will win it. I know I am voting for him.

        Just a couple days ago one of my friends said he would vote for olearly too.

        Comment


          #5
          Is rates going up for sure.trump will make sure of that. Raise rates but cut corporate taxes massively

          Comment


            #6

            Comment


              #7
              I have lots of friends who are thinking the same. None of the candidates are worth voting for or will change the parties direction. Oleary would shake things up.

              Comment


                #8
                Even a couple point rise in interest rates will break millions of people. Interest rates are revenue for the rich. It's really a scam in the first place.
                Kinda like basis.

                Comment


                  #9
                  Originally posted by riders2010 View Post
                  Even a couple point rise in interest rates will break millions of people. Interest rates are revenue for the rich. It's really a scam in the first place.
                  Kinda like basis.
                  The distortion caused by too low interest rates is seen everywhere. House prices tripled in ten yeras. Mercedes and Audi sales must have done the same. Have you noticed the size of "starter" homes today? The excesses are being charged to the savers and senior citizens who had the self-discipline to svae for a rainy day. Riders, let me use your money interest-free or your fram rent-free, if you have one.

                  Comment


                    #10
                    I totally agree with riders2010. I have been saying it for a long time myself, and I have said it on here before too that if interest rates went up a 1/2 or 3/4 of a percent the bankruptcy would start immediately all over canada. We wouldn't recover for years and years. I don't know what the answer to the problem is but it will have to be a slow uptick in the rates over years to get them back to normal.

                    Comment


                      #11
                      Originally posted by sk_wheatking View Post
                      I totally agree with riders2010. I have been saying it for a long time myself, and I have said it on here before too that if interest rates went up a 1/2 or 3/4 of a percent the bankruptcy would start immediately all over canada. We wouldn't recover for years and years. I don't know what the answer to the problem is but it will have to be a slow uptick in the rates over years to get them back to normal.
                      This is the same for the U.S. as well. A 1/2 or 3/4 percent in the states could throw them into deep recession, which is now likely inevitable as well Trump or no Trump.

                      Comment


                        #12
                        Originally posted by sk_wheatking View Post
                        I totally agree with riders2010. I have been saying it for a long time myself, and I have said it on here before too that if interest rates went up a 1/2 or 3/4 of a percent the bankruptcy would start immediately all over canada. We wouldn't recover for years and years. I don't know what the answer to the problem is but it will have to be a slow uptick in the rates over years to get them back to normal.
                        What will !/2-3/4% increase do to AG? How about 1/2-3/4 drop in value of produce like this year, when we have a low quality product.

                        I don't see much difference between interest increase and price drop in AG. Both will have big effect. Then throw in input and equip costs that have risen but won't follow yearly down trend.

                        Comment

                        • Reply to this Thread
                        • Return to Topic List
                        Working...