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Post by iZabell on Jan 22, 2008 16:24:57 GMT -7
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Post by fasterthanishould on Jan 22, 2008 21:51:22 GMT -7
I'm Glad they acted fast and kept the market from going into a graveyard spiral, it snapped the stocks back in line. I just hope that it was enough of a fix. even so they are talking of cutting rates even further. As long as the commercial building market stays strong I will be ok. As far as CD's and savings accounts - what are those? I don't know how to save yet.
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Post by highpockets on Jan 23, 2008 21:30:29 GMT -7
Seems like a temporary fix to me,sort of an artificial boost to the economy. Sadly,people will refi their homes up to 100 per plus,spend all their equity and max out their debt and we will be right back here in 3-6 months. We as a country,need to control/curb our debt/spending habits as the govt can only bail us out so many times.And yes,I am jusst as bad as anyone else about spending/saving habits !
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