Intersted Based Economy is allways in trouble.

ibnanv

Well-known member
  • Jun 27, 2009
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    Those who take interest do not realized they are loosing the capital . Why do not they see. That every two decade there is a big correction in economy . In US all the time. Fiscal policy is short term patch. Which does not rectify any economy in Long . Physical tangible investment is not there. When Allah tells that we will make income from interest ZERO . People are not realizing that they are only eating their capital not interest. Bankrupt firms are supposed to collapse. Where new successful firms take its place. Instead of trying to shore up their interest income , Europe should allow Greece to decide its own future.
    The correction in World Economy is in the big way.
     
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    MuslimLankan

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    Nov 25, 2008
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    yes i agree on your point. the economy is getting stronger these days.

    stronger economy = low inflation
    :)
    low inflation rate = low interest rate :)

    earning money out of bank interest is not profitable anymore. we can invest that money on a good business and make good money rather than losing our capital by keeping it idling in the bank.
     
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