Market "Fear Factor" At 3 Year Low – HoweStreet
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Keeping interest rates low doesn't necessarily help the economy; rather, it can create a problematic big amoung of debt
Who's going to be left who is willing and able to pay much higher taxes and fees to pay the sky-high legacy costs built up during the glorious 30 years of urban expansion fueled by speculative bubbles? The bubbles will collapse and bankruptcy will clear the excesses. Those who got out early (i.e. now) will be glad they acted promptly and those caught in the downdraft / decline will regret their faith in a high-cost system that was no longer affordable or sustainable.
June 15, 2023 -