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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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Interest Rate Hike Tomorrow?
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Poster Handle
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Nickadeemus |
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Post Content
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Raising interest rates in the USA to 0.75% p/year would be enough to destroy the whole world economy in a matter of weeks...  It would take very little to send everything toppling considering the fragility of the global economy. The current demand is highly elastic, and increase in the cost of $ will have a geometric impact & usher in a halt to any "recovery" activities. Let's not forget also that this Cypress business is not being conducted within the same "Hush/secret/sweepunder rug" parameters as was Greece. This is WAY more in the open which begs the question. Was it intentional? Nick® 
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