Detailed text transcripts for TV channel - FOXNEWS - 20130831:14:08:00
With rates rising and if rates continue to rise you will have housing hurt which has been pushing a lot of these green chutes in the economy. $4 gasoline, that has proceeced most recessions. it's one of the factors. when people have wages not growing and gasoline prices going up, that's a staple that hurts our economy. >> that's a huge point. the combination of interest rates going up and oil prices going up, absolute killer. you're already seeing the housing market already starting to head south and if this occurs, business is going to go south. >> okay. we got to give you the last word to ou...
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