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E.Central MN | A couple points
Given the Fed induced current low interest rates and the predicted higher long term rates, why wouldn't corporations, states, and individuals take on more debt at fixed low rates now?
Wouldn't higher rates slow that down and also provide incentive for investors to put their money in assets such as govt securities, instead of the current situation where savings are almost discouraged?
How much corporate debt is used to fund foreign investment, the trend for several years has been for US corporations to look outside the US to start new manufacturing and marketing subsidiaries. What affect does that have on US GDP?
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