Apologies for posting a non-real estate item, but its an interesting take on an issue much contested on this forum
Fed, BOJ Signal We Are All Islamic Bankers Now:
http://www.bloomberg.com/apps/news?pid=email_en&refer=columnist_pesek&sid=aSbftJH.Tnl0
Japan’s benchmark interest rate is 0.3 percent and headed to zero in the months ahead. The U.S. federal funds rate is 1 percent and headed lower, too. The U.K.’s rate is 2 percent, Canada’s is 2.25 percent and the euro zone’s is 2.5 percent. As the fallout from the global crisis worsens, these and many other benchmark rates will edge toward zero.