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Sunday, November 17, 2013

Great Economy

So what is right with this economy?
What is making stocks go up and up and real estate go up and up?
There is a lot of complaining about the moderate growth rate and the high unemployment rate.
But those things go together with low interest rates and a low rate of inflation.

Here are the positives in a nutshell

low interest rates
sluggish growth
abundant cheap labor
unemployment rate of around 7%
an aging population
new technology
good international trade relations


All these things are powerful enough to overcome the negative of government interference

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