Sunday, January 08, 2012

I'm kind of getting used to being right.....

The world is a wash in American money and even foreign money is coming here. The government will soon charge these guys a few to buy our bonds, LOL.

Mike Norman Economics: Treasury auction 7-times oversubscribed, interest rate, ZERO!
Treasury auction 7-times oversubscribed, interest rate, ZERO!


Treasury just auctioned off $30 billion of bills at a rate of ZERO and it was nearly 7 times oversubscribed!!!!!!!!!

Yet they keep telling us that the deficit and debt will cause rates to spike!!

When will they wake up??

S&P, PLEASE DOWNGRADE THE US CREDIT RATING AGAIN SO THAT 10-YEAR YIELDS CAN GO TO 1%! PLEASE!!!!!!!!!!!!

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