CloverKnollFarms
Elite Member
Also, money is drying up… earnings are coming in lower than expected and companies are slowing production so they don’t get out over their skis. This week has been rough in the markets… reality is setting inOne of the dealers I was talking with said he was willing to make me a better deal on one of his new TYMs because he was starting to have to pay interest on it.
US debt rating was downgraded from AAA to AA+ this week.
Student loan repayments are coming due in October.
It makes a difference when borrowing money actually starts to cost something.