konfusion wrote:
. . . This is, however, going to take its toll on importers and anyone who wants to buy a house or car in the USA, as the interest rate is constantly being raised to stem the increasingly rapid growth of the American economy.
Don't get a loan anytime soon, and if you're European - now is your time to visit the USA.
-konfusion
Actually, get a loan now, if interest rates are going up. Unless you have an adjustable rate loan there's nothing to worry about. Now the people that got into more house than they can afford and have seen their mortgage rate go up nearly 5% in 5 years . . . they're screwed.