Fed Chairman Bernanke says weak job market means interest rates will stay low for a long time.

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manoftruth talks UK and US collapse and long term interest rates manoftruth.org

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Rising Rates Extend Housing Slump - Analysis and Discussion with Nicolas Retsinas of Harvard university (Bloomberg News)

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Bernard Hickey delivers an economic weather report in association with the BNZ on how the New Zealand dollar is weakening towards a 9 year low versus the Australian dollar because the Australian economy is growing faster with higher interest rates than the New Zealand economy and interest rates. This is great news for our manufacturing exporters and tourism operators, given Australia is our largest exporting destination and our biggest source of tourists.

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