Posted 1/12/2008 12:24 (#281530 - in reply to #281490) Subject: Re: Interest Rate Slash - Effects?
With declining interest rates, does the subprime problem go away? Homeowners can make their payments? Investors recoup their losses? Houses retain their value and contractors start building more? Stock market recovers and Bush get reelected?
I suppose you don't think some of those things will happen.