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Old 09-20-2007, 05:15 AM   #2
notic
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Re: Federal Reserve cuts interest rates, stock soar

there is too much money in the us economy imo. intuition is probably high inflation in the next few years along with interest rates that would suffocate growth. countries all around the world are distancing their currency from the u.s. dollar fearing some sort of contagion effect like in asia a few years ago. the future looks murky, especially with us/iran conflict.

i doubt the move will reduce chances of recession in the us. investors might shy away from the american bond markets. if that prolongs, the americans will have no one to fund their massive debt.

its pretty late and i'm tired, so i'm not sure if that made any sense...
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