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Iowa | Yes/no. If we held these rates for a long(er) period of time I could see it. However as was talked about yesterday, commercial real estate is gonna struggle, also China (even though all we hear about is how bad the dollar is) is entering deflation. They’re gonna have to print money like Japan did in the 80’s just to hold values. I’d guess we’re gonna be recession bound shortly, which will give them some breathing room. The fed knew that something had to break, so something will- it’s just what will break and when. | |
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