Quote:
Originally Posted by Johnny199r
I don't see interest rates rising. The Feds manufactured this ridiculous problem of everyone out there buying houses with inflated monopoly * edited* money. They're not going to turn around and bankrupt those same people, as much as I would like them to.
|
But there is another side to that coin, retirees and the ones close to retirement. They have been getting the shaft for a long time now with their pensions getting such low returns. And these guys have little time left to recover from this. Young with debts have a whole life to make up for it.