***BREAKING*** S&P Officially Downgrades US Debt from AAA

Xi-Sung

New member
Fiscal and Monetary policy are two completely separate things. QE2 is about managing expectations, minimizing the risk of deflation, keeping long term rates down, and (hopefully) spurring corporate investment. But obviously there are demand problems in the economy, which is were fiscal policy would come in to help. Not to mention low capacity utilization so low interest rates aren't going to encourage business investment.
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

i like how conservatives have a record of reducing debt

that shit is unmatched and they should win every election so the country can live in peace and have surpluses every year.
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

This news is a couple hours old. After reconsidering they still decided to proceed with the downgrade - which they just announced.
 
No, renovating a income property. If I am going to take out a loan might as well pay the interest back to myself. I dont see the value of the 401K going up over the next six months so I will probably stop the bleeding too. Once I refi the loan will be paid back...probably.
 
***BREAKING*** S&P Officially Downgrades US Debt from AAA

you are mentally retarded if you dont understand the entire political establishment right now is at fault. And you're even more of an idiot to not understand that the president is nothing but a figure head and he has zero power to make or pass laws.
 
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