October 7, 2007
Market Hype, Lower Rates & Green Beans
Now if this isn’t straight talk on interest rates, I don’t know what is. The guy’s not some talking head in a suit after all (he’s kind of just a talking head without the suit), but instead someone sharing common sense yet far out concepts on interest rates and the economy. And it even makes sense to a certain point. Do lower interest rates ultimately just snowball and create even bigger problems? It’s certainly possible. See for yourself:
These just keep getting better… In the end, it all relates to green beans. What do you think?
Alright, in the end I’ve got to say I don’t think things are in reality quite as they’re portrayed here, but he does make a few good points.
Tags:home loan lending loan defaults mortgage defaults