Subject: Re: Private Sector Fortunes
Or does cheaper gas and maybe 1-2% lower mortgage rate (which would be the fakest shit ever give n the national debt) absorb this, and the Americans keep doing what they do best -- and spend?
It depends upon how much lube it takes to sell it to "the market". If the companies can keep changing the requirements to keep selling their crap at ANY price--AND "the market" believes that is ongoing profitability--then stock prices will rise and the cost of credit to the business will go down (or at least not go up).
Remember how companies wondered how to sell higher-priced goods *without* making the items better? They divided consumer payments into 3-4-5 (and even more) "affordable" amounts, thus enabling a $400 single payment into $100/$80/$50/$40/$20 payments. This allowed the consumer to SPEND *NOT MORE* YET BUY MORE "NOW". When the job ends, so do the payments--and the economy goes "ker-SPLAT" !! But that is a FUTURE problem because WE DID NOT DO IT !!! Management has changed 3 times in a year (or less), so it is NOT OUR PROBLEM.
Sound familiar ????