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Guest KingCharles1st

Interest Rates- No. Unemployment- Yes

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Guest KingCharles1st

This constant micro-inspection of interest rates is really starting to bore me. Like Darwins theory of evolution, rates are just one factor in peoples situations, and not a deciding factor. Individuals, business small and large, banks and every other aspect of the economy have to adapt to keep themselves afloat one way or another. Far more interesting (unfortunately) will be what happens when we start to see the effects of the effects of the rate rises- or more importantly, the closing of the cheap money tap that allows people to adapt- i.e. survive, and fill the financial holes.

When a small company reduces its staff from 5 to 4 say, because the order book has dried up- multiply that across the country.. or Ford laying off 10,000. or ...write your own scenario here...

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Guest DissipatedYouthIsValuable
This constant micro-inspection of interest rates is really starting to bore me. Like Darwins theory of evolution, rates are just one factor in peoples situations, and not a deciding factor. Individuals, business small and large, banks and every other aspect of the economy have to adapt to keep themselves afloat one way or another. Far more interesting (unfortunately) will be what happens when we start to see the effects of the effects of the rate rises- or more importantly, the closing of the cheap money tap that allows people to adapt- i.e. survive, and fill the financial holes.

When a small company reduces its staff from 5 to 4 say, because the order book has dried up- multiply that across the country.. or Ford laying off 10,000. or ...write your own scenario here...

Sum peepl can't pay for a howse. They tell the bank manija to get stuffed and we neva liked your silly small howss anyway.

Because of this some bank peepl can't eat caviar but can still drink wine. The End.

Polly Perkins - aged 93

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