Bankster-In-Chief: “We Must Have More Debt!”

...and, of course, more taxes, because someone has to pay for all of this borrowing, you see. You debt slaves out there aren't deep enough in it yet. I can still see the tops of some of your heads. How the hell do you expect us to do a thorough asset-stripping if you still have [...]

By |2011-07-25T11:59:18-04:00July 25th, 2011|Economy, Government|0 Comments

Does Anyone Remember Lehman Brothers?

T-Bill rates now negative, general collateral at 1 (ONE!) basis point (=0.01% interest). Negative interest rates mean that you are willing to pay someone to hold your money on the belief that you will get your money back less a storage fee. Capital is going into hiding at a frenetic pace. Negative short term rates [...]

By |2011-06-30T21:11:43-04:00June 30th, 2011|Economy|0 Comments

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