Can ordinary people of developing/underdeveloped countries who do not get even the basic amenities really survive in an economic growth through reduction of bank rates and investment in stock markets ?
Sure its okay.
Depending on what you mean by "ordinary" people, I'll assume middle class, reducing interest rates would make it more affordable to get a loan. So I believe it would be beneficial for developing/underdeveloped countries because that sparks growth in business and the economy in general.
If the developing country had a stock market, people who have the funds to invest into it would be wise to do so while interest rates are low.
or..maybe I don't understand your question :\
by Sekharg6 years ago
I see lot of houses for sale.I heard interest rates are lowest.Is it a good idea to buy a house now?What do you think?
by Susan Reid5 years ago
So Nasdaq and the Dow Jones Industrial Average both hit new records today, based on stronger than expected employment news.The sky is obviously falling, the economy still s#ks.And of course it's all Obama's...
by dannyb19748 years ago
Where do people think the uk property market is up to now?I think it has bottomed out and now is a good time to buy.I keep hearing of bargain properties around but as yet finding them is difficult.Will it go lower or...
by ledefensetech8 years ago
http://www.investorsdailyedge.com/are-u … iling.htmlLooks like foreign investors are finally starting to see the light and refusing to buy anymore debt. I wonder how the government plans to fund it's...
by ledefensetech7 years ago
http://dailyreckoning.com/a-financial-world-gone-mad/It's getting cheaper and cheaper to live in the US. Of course all bets are off when the inflation from the massive deficits hit us next year. So much for...
by Gary Anderson6 years ago
Hi Marissa, a warning to Aussies: the housing bubble party is coming to an end: http://globaleconomicanalysis.blogspot. … s-now.htmlMish is usually pretty accurate about banker abuse and economic realities. I...
Copyright © 2017 HubPages Inc. and respective owners.
Other product and company names shown may be trademarks of their respective owners.
HubPages® is a registered Service Mark of HubPages, Inc.
HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.