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Home » Discuss » Archives » General Discussion (Through 2005)

rlev1223

(593 posts) Send PM | Profile | Ignore

Fri Nov-19-04 04:44 PM
Response to Reply #7

13. low rates

on T-notes are low precisely because the world has been buying them hand over fist, with nowhere else to put the money that we dumbass Americans give them for their slave labor goods. People have been worrying about a major selloff of US debt for a while now; Greenspan is known as a guy who is the last to mention bad news, so when he does it scares the crap out of the bond market.

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