[Rhodes22-list] 2007 Tax Return

Gregg J. MacMillan gjm at techgra.com
Sat May 27 10:07:14 EDT 2006


At 12:51 AM -0400 5/27/06, DCLewis1 at aol.com wrote:

>The prime rate in the US is 8%, the prime rate in Japan is 1.38%, 
>Europe is 2% - how would your life be
>different if the prime rate were 1.38% to 2%?   Mortgage? Business 
>loans? Credit
>cards? New acquisitions? Investments?

I started my first business in 1980 with an SBA loan when prime was 
21.5% and my rate was prime plus two. 8% still sounds low to me. :-)

--Gregg

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