USA Raises Interest Rates

[Economy 53,076]

7 minutes ago, scallywally said:

The US just took out succh a huge 'credit card debt' to get something passed before the end of the year.

Everybody knows debt comes back to bite you in the ass even though its fun to spend it at the start. Trump is doing wat he as always done, live on debt that he cant affford and hes often gone bust. Hes now gamblinig and medling with the lovely american publics livelyhoods. His past record shows he isnt very good at it. So scary!!! 

Nobody should be excited for the short term break. The interest rates will be an interesting thing to keep an eye on. So will the workers that usually get their bonus in tax free store cards which have been banned. 

Rates will keep going up for sure. The short term boost will required the Fed to raise rates to prevent over-heating and inflation

 

Also seperately from what the Fed does, bond yields will go up regardless due to more credit demand by higher deficits as well as stronger economy (regardless of how sustainable or not)

 

Its long term financial wrecklessness

[scallywally 626]

2 minutes ago, Economy said:

Rates will keep going up for sure. The short term boost will required the Fed to raise rates to prevent over-heating and inflation

 

Also seperately from what the Fed does, bond yields will go up regardless due to more credit demand by higher deficits as well as stronger economy (regardless of how sustainable or not)

 

Its long term financial wrecklessness

I always agree with you lol. I look forward to your posts