Quote:
Originally posted by Dildozer
It's gonna prove interesting for sure, better get a fixed interest rate instead of a floating one, especially with the 4th raise today.
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Yup, very good idea. China and Japan owns one trillion in US bonds. Bush made his tax cuts and will find it hard to make payments on the interest. He will either have to cut more services in healthcare and education or raise rates even more.
How many interest rate hikes will you guys seen in the next 4 years?