What are you going to buy, pay off, or speculate on with your zero interest loan?

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  • Chi_archie
    SBR Aristocracy
    • 07-22-08
    • 63172

    #1
    What are you going to buy, pay off, or speculate on with your zero interest loan?
    better make some short term moves. The long term looks very bleak now.


    Instead of raising rates during our expansionary times, the Fed was pressured to keep or even cut rates. So now we are heading toward a global economic meltdown unseen since the great depression and we will have almost no tools to fight it.
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Comment
    • Big Bear
      SBR Aristocracy
      • 11-01-11
      • 43253

      #3
      Originally posted by Chi_archie
      better make some short term moves. The long term looks very bleak now.


      Instead of raising rates during our expansionary times, the Fed was pressured to keep or even cut rates. So now we are heading toward a global economic meltdown unseen since the great depression and we will have almost no tools to fight it.
      is this going to help Realtors?
      Comment
      • pimike
        BARRELED IN @ SBR!
        • 03-23-08
        • 37140

        #4
        Wrong
        Comment
        • lonegambler23
          SBR Hall of Famer
          • 06-22-16
          • 9760

          #5
          Originally posted by pimike
          Wrong
          the expert checking in again
          Comment
          • Mike Huntertz
            SBR Posting Legend
            • 08-19-09
            • 11207

            #6
            Loans won't be zero, I wish.
            Usually +1.5-3.00 of prime.
            Originally posted by Chi_archie
            better make some short term moves. The long term looks very bleak now.


            Instead of raising rates during our expansionary times, the Fed was pressured to keep or even cut rates. So now we are heading toward a global economic meltdown unseen since the great depression and we will have almost no tools to fight it.
            Comment
            • Waterstpub87
              SBR MVP
              • 09-09-09
              • 4108

              #7
              Can still go negative. Look at germany
              Comment
              • JIBBBY
                SBR Aristocracy
                • 12-10-09
                • 83686

                #8
                Gloom and doom thread, buy more toilet paper.. This shiiit will pass.. Literally speaking ...

                People need to work, eat and pay rent.. Business owners need to stay open to pay their leases and keep their trophy wives happy and spending at home... This won't last long..
                Comment
                • guitarjosh
                  SBR Hall of Famer
                  • 12-25-07
                  • 5797

                  #9
                  Originally posted by Chi_archie
                  better make some short term moves. The long term looks very bleak now.


                  Instead of raising rates during our expansionary times, the Fed was pressured to keep or even cut rates. So now we are heading toward a global economic meltdown unseen since the great depression and we will have almost no tools to fight it.
                  This is totally different from the depression, that was caused by bank failures, which we probably won't have this time around.
                  Comment
                  • compaqDikk
                    SBR Hall of Famer
                    • 10-08-05
                    • 5699

                    #10
                    we are loading up on interest free dolls

                    Comment
                    • pimike
                      BARRELED IN @ SBR!
                      • 03-23-08
                      • 37140

                      #11
                      Originally posted by compaqDikk
                      we are loading up on interest free dolls

                      Lol

                      LookS real

                      Where do I get one?

                      Lol
                      Comment
                      • Big Bear
                        SBR Aristocracy
                        • 11-01-11
                        • 43253

                        #12
                        how do yall see the real estate market doing this year?
                        Comment
                        • pimike
                          BARRELED IN @ SBR!
                          • 03-23-08
                          • 37140

                          #13
                          Originally posted by Big Bear
                          how do yall see the real estate market doing this year?
                          House prices go down
                          Comment
                          • Big Bear
                            SBR Aristocracy
                            • 11-01-11
                            • 43253

                            #14
                            Originally posted by pimike
                            House prices go down
                            oh no

                            that is no beuno
                            Comment
                            • gauchojake
                              BARRELED IN @ SBR!
                              • 09-17-10
                              • 34116

                              #15
                              thinking about converting the garage to an ADU
                              Comment
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