Follow The Money, page-784

Chaz,


This has nothing to do with economics. This has to do with logic.  You made a statement to the effect that: "It gone pass to the point of no returned."

So, you must know where the point of no return is and for that purpose  you must have used some kind of metric based upon some form of  evidence. Or is that statement just one more empty slogan?

"No rules being set here just power to do whatever the hell they feel like at the expense of we the people of this world." Really? what about the bond vigilants? Have they all gone into hibernation?

"Clinton administration

From October 1993 to November 1994 US 10-year yields climbed from 5.2% to just over 8.0% fueled by concerns about federal spending. With some guidance from Robert Rubin, the Clinton Administration and Congress made an effort to reduce the deficit. 10-year yields dropped to approximately 4% by November 1998.^[1]

Clinton political adviser James Carville said at the time that “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody." ^[
"Eurozone

During the Eurozone crisis that started in 2009, bond vigilantes were blamed for pushing up the government borrowing in the PIIGS countries"

http://www.rooseveltinstitute.org/new-roosevelt/what-bond-vigilante