Monday, August 31, 2009



Economic View
It May Be Time for the Fed to Go Negative

By N. GREGORY MANKIW
Published: April 18, 2009

WITH unemployment rising and the financial system in shambles, it’s hard not to feel negative about the economy right now. The answer to our problems, however, could well be more negativity. But I’m not talking about attitude. I‘m talking about numbers

... wont matter what banks do ...
... they proved to be scumbags ...

... when banks proved to ruin anybody who borrowed from them ...
... they set themselves up not to have borrowers ...
... at "any" rate ...

... and in turn will lead them not to have any depositors as well ...
... regardless of the rate ...

... US banks lost credibility ...
... acting as a fraudsters racket ...

... they may think anybody in the world is stupid ...
... but banks that charge 35 dollars late fee ...
... and 35 dollars over the limit fee ...
... for a ten dollar payment ...
... MUST be really desperate ...


# posted by intcoex : 9:41 PM




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