Has the US Economy Economy Been Financed Mainly by People Refinancing Their Homes?
What do you reckon about the Gold sector?
3 thoughts on “Has the US Economy Economy Been Financed Mainly by People Refinancing Their Homes?”
Financing and refinancing of homes is a part of larger thing called economy. Growing housing sector is the net culmination of excellent showing by various economic sectors such as service, manufacturing, agriculture etc. Gold sector can be taken as a part of manufacturing sector.
If you questioned whether refinancing sector alone helped US economy, I reckon you should look at the entire gamut of the economy where inhabitant refinanced amount stands very tiny.
MAYBE you should learn how to question questions first!!! Or possibly you need to lay-off of those pleased pills!!!
Most people refinanced their homes to get out of credit card debt. Gold only went up because of inflation. If inflation drops, then gold prices will drop as well.
Financing and refinancing of homes is a part of larger thing called economy. Growing housing sector is the net culmination of excellent showing by various economic sectors such as service, manufacturing, agriculture etc. Gold sector can be taken as a part of manufacturing sector.
If you questioned whether refinancing sector alone helped US economy, I reckon you should look at the entire gamut of the economy where inhabitant refinanced amount stands very tiny.
MAYBE you should learn how to question questions first!!! Or possibly you need to lay-off of those pleased pills!!!
Most people refinanced their homes to get out of credit card debt. Gold only went up because of inflation. If inflation drops, then gold prices will drop as well.