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The new scare is interest rates would sky Rocket on loans.
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07-26-2011, 06:12 AM
BFT3K
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Join Date: Dec 2005
Location: Narnia
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High risk people pay higher rates for their credit cards, car loans, mortgages, etc.
High risk countries face the same fate.
Unlike wealth at the top, that DOES NOT trickle down, higher interests rates certainly will.
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