European Tribune - Comments - European Salon de News, Discussion et Klatsch

European Salon de News, Discussion et Klatsch - 7 July | 109 comments (109 topical, 0 editorial, 0 hidden)

3.5% is punitively expensive???

A man of words and not of deeds is like a garden full of weeds; a man of deeds and not of words is like a garden full of turds — Anonymous

by Migeru (migeru at eurotrib dot com) on Mon Jul 6th, 2009 at 01:04:09 PM EST
[ Parent ]

Re: Economy and Finance (none / 0)

Staggering isn't it ? I believe their gas prices are truly horrid as well.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Mon Jul 6th, 2009 at 05:15:04 PM EST
[ Parent ]

Re: Economy and Finance (none / 0)

double from their current 3.5pc

Twice 3,5% makes 7%.

by gk (g k quattro due due sette "at" gmail.com) on Mon Jul 6th, 2009 at 05:46:05 PM EST
[ Parent ]

Re: Economy and Finance (none / 0)

Right, okay.

I'll believe that the US can have 7% long-term interest rates when I see it.

A man of words and not of deeds is like a garden full of weeds; a man of deeds and not of words is like a garden full of turds — Anonymous

by Migeru (migeru at eurotrib dot com) on Tue Jul 7th, 2009 at 05:40:46 AM EST
[ Parent ]

Re: Economy and Finance (none / 1)

They're not saying that 3.5 % is punitively expensive, but that 7 % is.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid (arvid.hallen at gmail.com) on Mon Jul 6th, 2009 at 05:48:30 PM EST
[ Parent ]

expensive (none / 1)

well, it would double the yearly interest bill from roughly 350 billion to 700 billion. A year ago, 350 billion was pretty close to what the largest the budget deficit had ever been...

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Tue Jul 7th, 2009 at 05:38:52 AM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 7 July | 109 comments (109 topical, 0 editorial, 0 hidden)

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