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Registered
Join Date: May 2002
Location: St Louis
Posts: 4,211
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US Bond rating
Do you think the government allowing GM to default on their bonds (void contract law) has anything to do with a perceived US attitude and less faith in US debt?
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Rick 88 Cab |
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08-02-2011, 10:55 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,506
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I doubt there is a connection there...it's just that treasuries pay damned little now...
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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08-02-2011, 11:27 AM
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