“Bet on black. Buy low-debt or no-debt companies. When the economy is in trouble, these companies usually have enough cash on hand to stay out of trouble. And they seldom need to borrow when interest rates are high.” NeedsEnoughHandsBlackInterestCompanyEconomyTroubleLowsRateDebtCashInterest Rate Author:Nancy Dunnan
“The insurance companies do not refer to the key policy rate when they send their statements. We can only control that rate. Long-term interest rates are determined largely by global financial markets.” LongTermInterestCompanyPolicyKeysRateFinancialDeterminedStatementsLong TermInterest RateInsurance CompaniesFinancial Markets Author:Mario Draghi
“Think today's interest rates are high? The Pilgrims borrowed $7000 from a London company of 70 investors in 1620, and devoted the next 23 years to repaying it at 43 percent.” ThinkingYearsTodayNextInterestCompanyPercentRateLondonInvestorsDevotedBorrowedPilgrimInterest RateRepaying Author:L. M. Boyd