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walkingstick
14 Mar 2023 9:31 am
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4,850 posts
sootedupCyndi » 12 Mar 2023, 12:12 pm » wrote: ↑ They say its expected on the large banks.  The dow will tank and the fed Plunge Patrol will come in-- and save da day.
Don't sweat it. But it may be a fun morning. LOL
lots of interest money for people with cash. bankruptcies help push up interest rates. 3 month cd's jump from a fraction up to 4% and 5%. this will increase spending. bigger demands causes inflation to creep up. couple that with the feds desire to increase inflation. and look at compounding. 14% interest within 3 years. home prices crashing over 40%. massive firing. hobos lining the streets in cardboard tents. looks exciting.
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