RobDownSouth
No Kings
- Joined
- Apr 13, 2002
- Posts
- 77,834
I was never a mortgage origination anything much less a clerk.
2% increase in a current interest rate since the rates are not 100% would be about a 30% increase.
2% of production is 2%. Since in this case if is 2% of the whole or 100%
Try again.
2% of supply does not cause a 50% reduction in prices.
My apologies, you were an appraisal clerk, not a mortgage origination clerk. It's hard to keep track of your past job history sometimes.
I also commend you for successfully luring me into one of your intellectually dishonest side discussions.
You will note that I originally blamed the crash on oil prices on both Libyan surplus and weakening worldwide demand. Since you could not refudiate the weakening worldwide demand (without people laughing at you anyway), you chose to focus on Libyan surplus exclusively and declared "victory". Not very intelligent, but very clever.
Would you like to discuss weakening worldwide demand?
