Nabwire wrote: CDE remember pride comes before a fall, an S&P downgrade may actually be good news, I still maintain that interest rates will not be raised... Unless once again you mean Libor, that will be raised and banks will raise the rates to borrow but the Fed will not raise the rates.
the only pride arnd the world has been American and ur bullying and bombing, about time u crumbled! Now I get ur point abt the rates. How do US banks price their loans. Is it through Libor? If so then tis already ticking up. I've been refn to interest hikes to mainstreet.defaults,aversion to slowdown.