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Global fears as markets lose faith in central banks
The Times ^
| 7 Mar 16
| Patrick Hosking, Financial Editor and Philip Aldrick, Economics Editor
Posted on 03/06/2016 5:42:37 PM PST by SkyPilot
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To: unixfox
They should free Bernie Madoff from jail. What he did was child’s play compared to what the world’s top bankers are doing.
To: austingirl
And they hold the politicians in the palm of their hands. Too be to fail—too big to jail.
To: central_va
Why is a 30 year mortgage at 3.5%. That is a big spread between the Feds discount 0.5% and the 30 year. Because when they try to jack it up any more than that, people stop buying altogether.
23
posted on
03/06/2016 8:27:34 PM PST
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: grey_whiskers
Seems the historic average between the discount rate and the 30 rate was 2%. Seems the the 30 years is 1.5% too high historically.
24
posted on
03/06/2016 8:29:25 PM PST
by
central_va
(I won't be reconstructed and I do not give a damn.)
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