benny just blinked, page-13

  1. 3,072 Posts.
    you are dreaming Mango, if the current model is so whiz bang it wouldn't need manipulated support.

    Debt levels are so high at all levels, from individuals to corporates to soverigns, all across the globe, that the debt no longer creates wealth or prosperity, it drains wealth and prosperity.

    Do you need me to list companies or nations buckling under the weight of their Debt ?

    Tell me how the USA will manage with 10 year @ 3.5% - 4%.

    Sure FED can supply money @ 0.25% forever, but they better be ready to buy up bonds forever, just like they are now, cos no-one else will pony up until they start paying a much higher and realistic clip.
 
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