Comments on: Fed Takes Huge Step to Stop Bleeding - Announces Major Rate Cut http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/ Learn, Network, Invest Tue, 07 Oct 2008 06:20:05 +0000 http://wordpress.org/?v=2.6.1 By: Chris http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51417 Chris Tue, 02 Oct 2007 12:23:30 +0000 http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51417 I'm not sure the economy is really worse than the media portrays. It's just like the bank runs of the early 1900's. When that wave builds up, it's really hard to stop people from panicking. That's what's happening right now. People go into "no spending" mode, waiting to see what everybody else does, and that has a multiplying effect. The US economy will STRONGLY affect the Euro, and many other currencies/countries for that matter. I just hope things stabilize come 08. I’m not sure the economy is really worse than the media portrays. It’s just like the bank runs of the early 1900’s. When that wave builds up, it’s really hard to stop people from panicking. That’s what’s happening right now. People go into “no spending” mode, waiting to see what everybody else does, and that has a multiplying effect.

The US economy will STRONGLY affect the Euro, and many other currencies/countries for that matter. I just hope things stabilize come 08.

]]> By: James http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51315 James Fri, 28 Sep 2007 13:47:37 +0000 http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51315 Chamonix is completely right in my view Chamonix is completely right in my view

]]> By: Chamonix http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51233 Chamonix Thu, 20 Sep 2007 17:28:15 +0000 http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51233 What's happening with you guys in the States is effecting markets in Europe so I can't really see the Euro getting much stronger against the Dollar - even if the Dollar is at a record low against the Euro. What’s happening with you guys in the States is effecting markets in Europe so I can’t really see the Euro getting much stronger against the Dollar - even if the Dollar is at a record low against the Euro.

]]> By: the subconscious mind http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51230 the subconscious mind Thu, 20 Sep 2007 06:56:15 +0000 http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51230 i think the us economy is far worse than the media is portraying, and even though people think their shares may be valuable the devaluation of the dollar makes them far less valuable than they think. i think the safe bet is metals such as gold and silver, they have always held their value and are the only real investment people should be considering i think the us economy is far worse than the media is portraying, and even though people think their shares may be valuable the devaluation of the dollar makes them far less valuable than they think. i think the safe bet is metals such as gold and silver, they have always held their value and are the only real investment people should be considering

]]> By: Jason M Fox http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51210 Jason M Fox Tue, 18 Sep 2007 21:39:11 +0000 http://www.biggerpockets.com/renewsblog/2007/09/18/fed-takes-huge-step-to-stop-bleeding-announces-major-rate-cut/#comment-51210 The stock markets were already trading on the assumption the fed would lower the feds fund rate a half. I'm scared to see what happens to the devaluation to our dollar going forward. The Euro is getting stronger and the Dollar is dying. The stock markets were already trading on the assumption the fed would lower the feds fund rate a half. I’m scared to see what happens to the devaluation to our dollar going forward. The Euro is getting stronger and the Dollar is dying.

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