Gary I think you may very well be correct if a blue wave occurs this November but that will trivial compared to higher interest rates to counter the inevitable inflation. The massive budget deficit cased by the republican tax cuts and huge spending programs will trigger the worst inflation since the early 1980's. Does any remember 18% home mortgages?

Does any remember 18% home mortgages?

A "rare" photo - Mouth shut not puckered. :-)



Canada upset you Blondie?

What I'm talking about was decades earlier.
Mortgage Rates History
http://www.fedprimerate.com/mortgage_rates.htm

The worker if lucky got a pay rise slightly higher than inflation and slight benefit from the tax cuts, but health insurance went up wiping out those gains.

So can the American worker afford higher mortgage payments?

The worker if lucky got a pay rise slightly higher than inflation and slight benefit from the tax cuts, but health insurance went up wiping out those gains.

So can the American worker afford higher mortgage payments?

Since the end of the great recession of 2008 consumer debt has also risen dramatically, so the short answer to your question is many can't.

The Discount Store is in much trouble. Hopefully, for the Chinese people, their Leadership retreats from their stupid arrogance.

I am sure the non Chinese World can successfully exist. As it did before China's 19th century type of Capitalism of the last few years.

If you don't see the economic and military expansion of Capitalist China, coupled with a Ruling Class Dictatorship as alarming and must be stopped...

Yes, we are all the same.

Now back to the Topic and how do we stop, or at least slowdown. The Economic and Military Expansion of China. A 19th century type Capitalist Economy, coupled with a Ruling Class Dictatorship.

But now have reverted to form :(