ifff the real inflation rate for daily living is 2.5% +, and the fed funds rate is 1%, then in reality, interest rates have turned negative. classsically, this means a delfationary scenario. it is being done to prevent a deflationary scenario for fixed assets such as real estate, homes, buildings.
in analysing crimes, the fundamental principle is cui bono–who benefits?
if all that happens is another round of refinancing to make th payment rate doable, without supporting the ability to earn the payments, this too will cycle into the next wave, as fibonacci dances.
i found an amusing drawing of fibonacci recently, done by the team that is trying to make this websitre workable….
Posted under business
This post was written by admin on October 29, 2008
