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About LinkBacksGreenspan Says U.S. May Soon Reach Borrowing Limit
Really, huh, well I believe that point was reached long ago, you know, when the feds were forced to buying treasuries.
Get ready for 20% rates peeps....Obama did a good job, for his masters.
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21st June 2010 08:39 AM #1Don't Drone Me Bro!
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Because Banning Propaganda “Ties the Hands of America’s Diplomatic Officials, Military, and Others by Inhibiting Our Ability to Effectively Communicate In a Credible Way”
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21st June 2010 09:53 AM #2PeeK A Boo Array
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I just don't see how we can avoid higher rates. The fed funds rate should be about 6% now and will eventually go up to possibly 20%. Rates that high are bad for government and private sector borrowing but is good for savings and investments. Which in turn will provide banks with capital inflows to support business development without government stimulus bills.
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21st June 2010 03:41 PM #3Senior Member Array
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No one wants to borrow from the banks. If they can afford to they can get better rates outside of the banking system and if they can't afford it the banks won't lend to them.
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24th June 2010 12:03 AM #4Senior Member Array
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Bush and bama have hammered in the last nails to the coffin.
BASTARDS!
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24th June 2010 06:19 AM #5Senior Member
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But borrowing outside the banks is being dis-incentiveized. Check out the new restrictions on angel investors
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