Originally posted by khooni
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Low interest rates indicate to me that the banks still have a lot of bad debt despite QE.Originally posted by khooni View Postnow now....
we have a market.. i think the 25 bps rise is inevitable.
but it doesn't really mean anything.
The interesting question is whether a sustained slowdown and any possible future shocks e.g. China will start to affect the comfortable-but-not-rich people who are currently able to borrow freely/cheaply ATM to invest in various assets.
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