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To: TSgt

Global Central Banks Go to Defcon 4 - “Fire up the printing presses, gang!” Or at Least Swaps

http://confoundedinterest.wordpress.com/

Look at Euro bond yields versus US yields. US yields actually ROSE. IT ISN’T A LIQUIDITY PROBLEM, IT’S A SPENDING AND DEBT PROBLEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


21 posted on 11/30/2011 6:40:18 AM PST by whitedog57
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To: whitedog57; sickoflibs; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3
IT ISN’T A LIQUIDITY PROBLEM, IT’S A SPENDING AND DEBT PROBLEM!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Remember the "liquidity" sophistry in 2008?


49 posted on 11/30/2011 4:06:27 PM PST by ding_dong_daddy_from_dumas (Budget sins can be fixed. Amnesty is irreversible.)
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