U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old Yesterday, 08:50 AM
 
5,648 posts, read 1,417,346 times
Reputation: 4371

Advertisements

It's not because of OUR economy. It's because other places' economies are slowing so they have dropped rates.
Reply With Quote Quick reply to this message

 
Old Yesterday, 09:28 AM
 
23,890 posts, read 12,576,751 times
Reputation: 7634
Quote:
Originally Posted by Grlzrl View Post
It's not because of OUR economy. It's because other places' economies are slowing so they have dropped rates.
Why is the world economy slowing do you think?




hint hint instability caused by trade wars......hint hint hint hint hint hint........
Reply With Quote Quick reply to this message
 
Old Yesterday, 09:31 AM
 
Location: New Jersey
5,784 posts, read 3,015,293 times
Reputation: 6708
Quote:
Originally Posted by moneill View Post
Why is the world economy slowing do you think?




hint hint instability caused by trade wars......hint hint hint hint hint hint........
It is natural for economies the fluctuate even when there are no trade wars. It never stays at a constant.
Reply With Quote Quick reply to this message
 
Old Yesterday, 09:36 AM
 
Location: Florida
22,712 posts, read 9,676,211 times
Reputation: 18593
Obviously to save his company a lot of money. He owes millions to Deutsche Bank, with hefty interest.

And this is why presidents divest themselves of their businesses. Trump has eliminated ethics in the WH. He has huge conflicts of interest and Donald Trump is corrupt as hell. He will always do what is best for him first, because it is the ONLY way he knows how to do things.

Remember when he lied that the tax cuts for the wealthy would hurt him?
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:51 AM
 
38,944 posts, read 15,283,229 times
Reputation: 25284
Prime rate in December, 1980 was 21.50. It had been in the double digits since 1978. (Carter)

Stayed in the double digits until 1985 when it dropped to 9.5. (Reagan)

2008 it dropped under 5. (Bush)

That it has gone up a point in the last year is what is supposed to happen when the economy is going great.

However, regardless of what Russian and RW folks post, prime rate is still historically low.

https://en.wikipedia.org/wiki/List_o..._United_States
Reply With Quote Quick reply to this message
 
Old Yesterday, 10:56 AM
 
23,890 posts, read 12,576,751 times
Reputation: 7634
Quote:
Originally Posted by antinimby View Post
It is natural for economies the fluctuate even when there are no trade wars. It never stays at a constant.
YEs and if you peruse my posts, I have said that I believe a down turn is imminent. 10 year recovery, 108 months of positive job growth -- it is bound to happen.

But the trade war is impacting global economics and stability....it just is.

If the USA is successful in hurting the CHinese economy it will hurt the world economy which....wait for it....wait for it....will impact our economy,
Reply With Quote Quick reply to this message
 
Old Yesterday, 11:39 AM
 
Location: Tucson AZ & Leipzig, Germany
2,476 posts, read 7,824,109 times
Reputation: 3825
Quote:
Originally Posted by Enigma777 View Post
Obviously to save his company a lot of money. He owes millions to Deutsche Bank, with hefty interest.

And this is why presidents divest themselves of their businesses. Trump has eliminated ethics in the WH. He has huge conflicts of interest and Donald Trump is corrupt as hell. He will always do what is best for him first, because it is the ONLY way he knows how to do things.

Remember when he lied that the tax cuts for the wealthy would hurt him?
All real estate people (who don't work for a bank) love low interest rates, because low rates juice the real estate market. Buyers can afford loans to buy homes or buildings at higher selling prices than what they otherwise could afford.

DJT is President, but he is still a real estate guy because he divested nothing, except turning over day to day running of "The Organization" to his sons. His financial interests (and huge loans) are still tied in with The Organization. Of course, we don't really know many details, because we have not seen his tax returns like every other president in recent memory has disclosed. For all I know, Trump might have bought a ton of long term treasury bonds last year, knowing that if he could force interest rates way down, the value of those bonds go way up. He could be making a killing in bonds right now, because he has the power to do it. All he has to do is release the tax forms to clear up all these wild possible scenarios of how he is taking actions to benefit himself and his "organization" at the expense of the country and the rest of the world.
Reply With Quote Quick reply to this message
 
Old Yesterday, 11:46 AM
 
9,541 posts, read 2,907,320 times
Reputation: 5722
Anything he claims to be doing for the good of the country is actually to benefit himself first and foremost. He doesn't give a rat's ass about this country nor the people in it.
Reply With Quote Quick reply to this message
 
Old Yesterday, 08:58 PM
 
Location: Columbia MO
1,755 posts, read 1,886,388 times
Reputation: 2095
Quote:
Originally Posted by GotHereQuickAsICould View Post
Interest rates are at historically low levels.

"Trump stands to save millions of dollars annually in interest on outstanding loans on his hotels and resorts if the Federal Reserve lowers rates as he has been demanding, according to public filings and financial experts."

Trump "has already benefited from falling interest rates that were spurred in part by a cut the Federal Reserve announced in July, the first in more than a decade ó and his payments could drop by millions of dollars more annually if the central bank grants Trumpís wish and further lowers short-term rates."

https://www.washingtonpost.com/polit...ml?arc404=true

While Don Jr. and Eric are supposedly managing the family business, Trump retains ownership.

This is a huge conflict of interest.
It canít be. Jesus made him president, after all.
Reply With Quote Quick reply to this message
 
Old Yesterday, 09:15 PM
 
Location: Northern Wisconsin
9,014 posts, read 7,844,633 times
Reputation: 15584
Lowering the interest rates has to do with our trading partners in the rest of the world. They are in a recession and have lowered rates this make the value of the dollar higher. Our higher dollar makes our exports more expensive, and makes it harder for us as a whole country to compete with other countries. The drop in interest rates would make the value of the dollar lower.

With so many countries stuggling with weak economies, weakening their currency to help boost their economy has been a popular tactic.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top