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Re: Rate cuts are great until you realize why rates are being cut

By: capt_nemo in POPE 5 | Recommend this post (0)
Sun, 09 Jun 19 9:59 PM | 26 view(s)
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Msg. 33676 of 62138
(This msg. is a reply to 33666 by Decomposed)

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Im sure its got everything to do with no savings.......A fine mess they got us into ALI!!!!!




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.


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The above is a reply to the following message:
Re: Rate cuts are great until you realize why rates are being cut
By: Decomposed
in POPE 5
Sun, 09 Jun 19 12:40 PM
Msg. 33666 of 62138

Great for the borrower. LOUSY for the saver. Do you suppose maybe this has something to do with why most people have saved almost nothing toward their retirement?? We have an entire nation that's unprepared for something inevitable, getting old.


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