Profoundly true. The Fed simply can’t allow rates to rise; with debt approaching $20 trillion the increase in debt service costs (even a small rise) would be disastrous. It appears that we will be in an artifically managed and permantently low interest rate environment for a very long time.
“When this number broke 200% that’s when Greece blew up. And Spain is blowing without even that much imbalance”
The REALITY is they WANT us to blow up because OBAMA has made it his goal to bring down AMERICA in EVERY POSSIBLE RESPECT.