Quote:
Originally Posted by KC911
Never gets talked about by the fiscal liberals who love cheap credit imo:
The 10 year is at 1.7 
Tabz....yer up.... |
Pimco chief analyst says if we go into recession look for NEGATIVE rates...
The 10 year Bund is a -0.60% interest...
The FED has tried to normalize rates and draw down the balance sheet in 2018 and you saw how that worked out...They have to juice to keep the lights on..
That was real apparent by 2012..
After I saw GW on the Telly that day in the fall of 08.. I knew the paradigm had changed and have been saying it since...A before and after moment..like the day before the 29 crash and the day after, the day before Pearl Harbor and the day after.
It was the end of the Great American Post WW2 Prosperity Bubble..get it Bubble...The American consumer was tapped out and had reached their credit limit. The banks were giving home loans to people who could not even make the payments..that is how far down into the credit barrel they were reaching to keep the music playing..
It is amazing that most people do not get it...it is so simple. They continue to think that 08 was just another bump on the road and that with a few tweaks all will be swell again..