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To: driftless2

“This is Matt Taibbi of Rollingstone. The odds of his being correct about anything concerning markets is about 3 billion to 1.”

That may be, but anyone with half a brain knows this worldwide low interest rate scam, is just that, a scam and it isn’t engineered by millions of workers, it is engineered by banks, large banks, banks in the pocket of the US central bank “the fed”. If interest rates were allowed to rise as they should, the US along with every other western nation would be in far more financial trouble than they are.


10 posted on 04/28/2013 5:24:27 AM PDT by wita
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To: wita

I’ll believe it when it comes from a reputable source. Taibbi is definitely not reputable. Think Noam Chomsky or Howard Zinn.


13 posted on 04/28/2013 5:31:28 AM PDT by driftless2
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To: wita
If interest rates were allowed to rise as they should, the US along with every other western nation would be in far more financial trouble than they are.

Yes, but is the outcome inevitable anyway? If so, why not deal with it now? But if we deal with it at all, it means global collapse. Where from there? Depression? War? combination of both?

27 posted on 04/28/2013 6:54:52 AM PDT by Texas Fossil
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To: wita
If interest rates were allowed to rise as they should...

Hey, nobody's stopping you.  If you want to make higher interest payments than the loan companies want to charge, they'll be happy to take your donation money.  The reason you don't is because you obey laws that are far more powerful than any gov't reg.


32 posted on 04/28/2013 7:55:09 AM PDT by expat_panama
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