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Does Falling Interest Rates in the United States Affect Your Finances in Spain?
Summary by Business Insider (Spain)
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If the fluttering of the wings of a butterfly in Brazil triggers a tornado in Texas, can the lowering of rates in the US have financial consequences on the other side of the Atlantic? Following the metaphor of Chaos Theory, a slight initial variation in a complex system can trigger huge and unpredictable consequences. Which means that the decisions of the United States Federal Reserve (Fed) can affect you although alive in Spain, but not directl…
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