Real U.S. Interest Rates and Future Chaos | The Market Oracle

.. ultra low rates make borrowing accessible to the wrong people, and to the right people for the wrong reasons.

The former are people who shouldn’t be able to borrow a dime, because they have no credit credibility, the latter borrow only for unproductive or counter-productive reasons.

via Real U.S. Interest Rates and Future Chaos :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.