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<blockquote data-quote="newfie" data-source="post: 4132007" data-attributes="member: 58700"><p>interest rates are always cut when an economy turns . its policy and predictable . it was not a act of desperation. </p><p></p><p>what was disturbing was the fed could not restore interest rates because Obama's recovery was not strong enough to do so. </p><p>this left us in danger of a much more severe collapse if the economy had turned again at the 8 year mark.</p></blockquote><p></p>
[QUOTE="newfie, post: 4132007, member: 58700"] interest rates are always cut when an economy turns . its policy and predictable . it was not a act of desperation. what was disturbing was the fed could not restore interest rates because Obama's recovery was not strong enough to do so. this left us in danger of a much more severe collapse if the economy had turned again at the 8 year mark. [/QUOTE]
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