Welcome Guest [Log In] [Register]
Welcome to The New Coffee Room. We hope you enjoy your visit.


You're currently viewing our forum as a guest. This means you are limited to certain areas of the board and there are some features you can't use. If you join our community, you'll be able to access member-only sections, and use many member-only features such as customizing your profile, sending personal messages, and voting in polls. Registration is simple, fast, and completely free.


Join our community!


If you're already a member please log in to your account to access all of our features:

Username:   Password:
Add Reply
Bankrupt?
Topic Started: Nov 30 2010, 05:37 PM (148 Views)
Jolly
Member Avatar
Geaux Tigers!
http://www.nationalreview.com/articles/253981/let-states-go-bankrupt-michael-barone
The main obstacle to a stable and just world order is the United States.- George Soros
Offline Profile Quote Post Goto Top
 
jon-nyc
Member Avatar
Cheers
Good piece, but I gotta call bullsh1t on this:

Quote:
 
The Federal Reserve’s second round of quantitative easing — QE2 — was intended to lower the interest rate on long-term bonds. Instead, the rate has been going up.



The Fed is intentionally targeting medium term rates.
In my defense, I was left unsupervised.
Offline Profile Quote Post Goto Top
 
Jolly
Member Avatar
Geaux Tigers!
Don't see the sense in QE, myself. Seems like a recipe for financial disaster in the long run....
The main obstacle to a stable and just world order is the United States.- George Soros
Offline Profile Quote Post Goto Top
 
ZetaBoards - Free Forum Hosting
Create a free forum in seconds.
Learn More · Register Now
« Previous Topic · The New Coffee Room · Next Topic »
Add Reply