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Trust fund babies...

Reply
Not applicable
listen I cant help the fact that English is not my first language...
0 Kudos
richardw
Super Contributor
Roeloff lectured me - very optimistic gentleman :) I got a ***** mark in his class...but I was right.
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Whatsup
Contributor
Rate cuts are handed out so the Govt can be seen as a social benefactor to the poor to earn brownie points for the upcoming election. Rate cuts should have been made when the rest of the world's rates were being reduced to provide fiscal stimulus, this is a knee jerk reaction due to negative economic data out today, OMO
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SimonPB
Valued Contributor
rate cuts surely benefit the rich as they have all the debt ??
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john_1
Super Contributor
If they have all the dept..are they rich?
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SimonPB
Valued Contributor
oh yes .. that be the beauty of modern day accoutning .. AIG get $80billion for free an they still goign bust .. so debt is what makes you rich ..
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john_1
Super Contributor
I met somebody the other day..who's family had lost 2 billion Dollars as a result of the losses on AIG>
0 Kudos