RE: I'm really happy to see somoene so optimistic about the economy. I wish I could share those feelings.Rising interest rates doesn't really mean the economy is recovering, necessarily. In a perfect world, there would be a little controlled inflation, to continue to make US treasuries attractive. But rates have been kept artificially low, in my opinion, in order to get some growth into the economy. It's worked, to a small extent. But they can't afford to keep rates that low, and the recovery, if there really is one, is very fragile iffy, vulnerable, and not necessarily sustainable. A rise in interest rates, even a fairly modest rise, could just kill this weak recovery in it's tracks. I'd like to feel differently, but I just don't see significant differences between Bernanke, Paulson, and Alan Greenspan. I don't think they're looking out for the good of the average American, but rather to fatten the corporate earnings of their pals in the investment banking and brokerage communities. Rate this comment: 0 0

by Diza 04:35:44 AM 2013.01.27