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Old 12-12-2008, 10:33 AM   #766
Slava
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Join Date: Dec 2006
Location: Calgary, Alberta
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Quote:
Originally Posted by flamesfever View Post
Claeren and Slava:

What are the ramifications for interest rates should we get into large deficit territory?

Interest rates are more predicated on inflation and economic growth really. If inflation starts to climb than you will see rates climb to keep it muted. Honestly a little inflation is whats needed though; if house prices in particular start to creep up or flatten out than the recovery is here!
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