lustylad....do you remember the Sugar High?

What are the Chinese rates....do you know?

Also....if our economy is doing so good, why are we having to spur it with low rates and QE that we aren't calling QE?

Riddle me that Wacko... Originally Posted by WTF

heading south to prop up their house of cards economy.


China is ratcheting up its battle to rescue a slumping economy


https://www.cnn.com/2019/11/20/econo...boc/index.html


low interest rates aren't negative rates. when or if they go negative call me.


BAHHAA

Wrong. The main source of profit for most banks is their "net interest margin". That's the difference (or the spread) between the rate they pay depositors and the rate they earn on loans. During periods of low and/or negative interest rates, bank margins tend to be compressed and their profits are squeezed. Originally Posted by lustylad

correct. low or negative rates are actually a boon to the average consumer. to the bank's profit margins .. not so much.

LL
Quote:
Originally Posted by oeb11
Account holders get screwed - banks profit bigly.

It is a big bank - Fascist DPST scam.

Wrong. The main source of profit for most banks is their "net interest margin". That's the difference (or the spread) between the rate they pay depositors and the rate they earn on loans. During periods of low and/or negative interest rates, bank margins tend to be compressed and their profits are squeezed.



LL - that sentiment is fine for elite economists like Bernie - but folks with bank accounts are getting charged for the privilege. your sympathy may be with the big banks - Mine is not.

LL - that sentiment is fine for elite economists like Bernie - but folks with bank accounts are getting charged for the privilege. your sympathy may be with the big banks - Mine is not. Originally Posted by oeb11

Haha... your tongue-in-cheek reference to Bernie as an "elite economist" is a hoot! He couldn't even wade through the first 2 chapters of Das Kapital.

My sympathy does not reside with the big banks. I'm merely stating a fact known to anyone who monitors bank profitability trends. Sounds like you need to switch to a bank that offers free checking. There are plenty of them out there.

LL - Thank you sir - good idea.

Once in a while I manage a good satiric reference.

Poor ftw - still desperately seeking recession!!
Or even depression to elect Bernie - ftw's economic savior by nationalizing all means of production.

Thank you ftw/ Originally Posted by oeb11

Do you remember Trump saying those in a strong cash position can make a lot of money in a recession? Originally Posted by WTF

why thank yous Captain Obvious! even average investors know that a market correction is a buy opportunity to get blue chips at a discount.




big players like Buffet rally the market by buying when there is a correction.


butt yous knew that, right? Originally Posted by The_Waco_Kid

Your stupid fucking ass evidently does not understand the context of my reply...

Are you retired yet?

heading south to prop up their house of cards economy.


. Originally Posted by The_Waco_Kid

Which is the same direction ours rates are headed ...south.

And now Powell is talking about even more QE.

Now lustyLaffer will not recognize it but he has already been doing it.

Great economy, Trump says.

Best economy ever, Trump says.

Negative rates and more QE , Trump cries for.

3% GDP is not a Sugar High lustylaffer said....but wait...GDP is down. Even with increased government spending!

Your stupid fucking ass evidently does not understand the context of my reply...

Are you retired yet? Originally Posted by WTF

considering the gibberish of your reply not even you could understand it ..

Which is the same direction ours rates are headed ...south.

And now Powell is talking about even more QE.

Now lustyLaffer will not recognize it but he has already been doing it.

Great economy, Trump says.

Best economy ever, Trump says.

Negative rates and more QE , Trump cries for.

3% GDP is not a Sugar High lustylaffer said....but wait...GDP is down. Even with increased government spending! Originally Posted by WTF

how's your illegal cat herding biz in the Trump economy? making money are ya? who ya gots to thank for that?