Anybody who thinks these interest
rates are high needs to go back and do a
little history because these interest
rates are the lowest in recorded
American history. I mean we never had
interest rates this low, this long (the last four or five
years). So these are
anything but high interest rates on a
historic basis.
That's true
everywhere in the world. Interest rates were
negative in some countries in the world. Japan has never had such low interest
rates, much of the world has never ever
had such low interest rates. So, if you
think these interest rates are high
please do some homework.