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कोरोना महामारी ने छीना कई लोगों का रोजगार, सेलफोन की हजारों दुकानों पर लगे ताले

कोरोना महामारी ने छीना कई लोगों का रोजगार, सेलफोन की हजारों दुकानों पर लगे ताले
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Gold Price 12 December : Gold price reaches beyond 49000 rupees know what is price of 10 grams

Gold Price 12 December : Gold price reaches beyond 49000 rupees know what is price of 10 grams
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Transcripts for CNN CNN Newsroom 20130926 18:07:00

flowing into the economy. kept the interest rates low. that s not the case now. money is flowing out of the economy. and if we default, those interest rates will go up because it will be a competition to get the credit. what happens to me? what happens to you? me, me, me, why do i care? what happens to you, your interest rate goes up if you want to refinance a house, you have to pay more. housing has been driving the economy forward. it s going to slow that down. you want to make a retail purchase, could be an automobile, could be, for example, a refrigerator or anything you have to finance, the price goes up. so bottom line is, you and i have to pay more. if we have to pay more, we spend less. if we spend less, businesses get less money. that affects everybody. more people are unemployed. professor danny boston, thank you. appreciate it. now, quite a turnaround for

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