Zeev's Turnips Patch-No Politics (ZEEV)

[Culmus]

I agree Zeev, those complaining that the rush of rate cuts didn't produce a booming economy last year already have no clue in which deep trouble we'd be by now had these cuts not occured. On the other hand 20 years ago rate cuts of this magnitude would have resulted in economic growth rates of 6 to 8%, which goes a long way to show just how severe the structural problems of the US economy currently are.

Culmus