yes, lower rates used to stimulate borrowing and expansion but the OINKSTERS, in their greedy fury, have gorged the pig beyond repair.
The "creative destroyers" will cut and then a celebration and then a pause and then a nothing and so they will cut again and wait and then nothing and then cut again and again.....and they will finally discover that blowing air into the balloon does not work when there is a monster hole in the fabric...so do not worry about recession because it will be a depression brought to us by politicians, bankers and brokers...amen brothers, amen sisters
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