Msg. 15321 of 21975 (This msg. is a reply to
15318 by
ribit)
Jump:
Yeah, but he's talking a 1-2% rate for long-term treasuries, lending them your money for 10 years. Whp wpuld want to buy them with a return like that? As an investor, I'd see it as a negative. Will China, et. al., go elsewhere?
lkorrow
...it's time for the free money to dry up. I can't get a decent interest rate so money that could be used for investment into businesses that would hire folks is sittin on the sidelines. It will stay there until there is a reasonable safe return and the govt doesn't try to confiscate half the growth. In short, at least until obamba is removed from office.
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