FlyerTalk Forums - View Single Post - The Euro; How low will it go & for how long?
Old Mar 6, 2008 | 9:18 am
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YVR Cockroach
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Originally Posted by Rebelyell
BUT, if interest rates are going to zero, why pay off debt now? If gold, silver and land are going to skyrocket, now is the time to assume locked-in debt and buy goods.
Not just any goods, but resaleable goods, or better, resaleable assets. I wouldn't go buying land in Detroit (or in a big chunk of the U.S.) no matter how little it costs.
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