Not only the mortgage market is looking in the barrel, but anyone with liabilities is facing rising interest rates soon included whole countries.:(
Take a look at this article of a German economy magazine to underline my prediction:
Google Translate will help you to read this article in your language of choice.
Update:
Ben Bernanke did read this posting too and announced another unlimited QE of 85 Billion Dollar per month to keep on kicking the can down the road and the interest rates low. Expect a tremendous inflation because of the ongoing money supply expension.:(
No comments:
Post a Comment