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Wilms

(26,795 posts)

3. So interest rates are to high for companies to survive?

Reply to banned from Kos (Reply #1)

Sun Jul 8, 2012, 04:43 PM

Jul 2012

I thought the fact that they can't get the loans in the first place was more at issue. Or that there aren't any customers because the unemployed are so stingy.

And that little old lady down the street, who lives off SS in a house she and her husband bought and maintained at a MUCH higher interest rate than today shouldn't complain that her savings account is no hedge against inflation. Is that right?

Better that the house flippers and McMansioners have a low rate. Yes?

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Who put the lie in Libor? [View all] FarCenter Jul 2012 OP

I'd hate to think where this economy would be with high interest rates. banned from Kos Jul 2012 #1

Are you serious? alcibiades_mystery Jul 2012 #2

It's fairly probable that the banks were receiving "guidance" from the Gordon Brown government FarCenter Jul 2012 #4

Central banks didn't "fabricate LIBOR". banned from Kos Jul 2012 #6

Quite right. My mistake alcibiades_mystery Jul 2012 #9

So interest rates are to high for companies to survive? Wilms Jul 2012 #3

Anyone who lives SS check to SS check does not earn interest anyway. banned from Kos Jul 2012 #5

I think you mis-read. Wilms Jul 2012 #7

nature did Sea-Dog Jul 2012 #8