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- The US debt is almost double of what it was in 2008. - Interest rates are already close to zero. The Fed is out of ammunition this time around...
by jazzyk 10y ago
- The US debt is almost double of what it was in 2008.
- Interest rates are already close to zero.
The Fed is out of ammunition this time around...
- toomuchtodo 10y agoAuto sales are slowing [1] [2], subprime auto loans are beginning to default [3]. [1] http://www.bloomberg.com/news/articles/2016-10-27/ford-profit-falls-less-than-forecast-aided-by-cost-controls http://www.bloomberg.com/news/articles/2016-10-27/ford-profi... [2] http://autoweek.com/article/car-news/ford-mustang-plant-temporarily-idled-after-sales-plunge-32-percent http://autoweek.com/article/car-news/ford-mustang-plant-temp... [3] http://www.marketwatch.com/story/losses-on-stretched-subprime-auto-loans-will-deepen-into-year-end-2016-09-30 http://www.marketwatch.com/story/losses-on-stretched-subprim...
- ianai 10y agoand your prognostication of doom?
- empath75 10y agoIf US debt were a problem, interest rates would rise.
- secfirstmd 10y agoThere is essentially no other stable place to put your money though these day...
- adnzzzzZ 10y agoRates can't rise without significant damage to the economy. They've been 0 for so long for a reason. Last year they went up by 25 basis points and 2 weeks later the stock market plunged and stayed in that state for months.