I'M WITH SCOTSMANI didn't vote, because Tim didn't have a 10+% plboisse outcome button. The Chinese are tapped out and don't trust America's credit rating anymore. What happens if they pull their trillion out of our debt pool all at once?The safest place to put money is three month government T-Bills; right now they're like 0.2% .you can't get home mortgage lower if the safe investment base money is about 0% [and besides, who's going to invest in T-Bills at 0.2%, when drop safes are about the same investment interest without the closed bank door risk?].Nope, interest rates have totally bottomed out at current rates, the Greespan interest rate dial is pegged out at 0%. Rate this comment: 0 0
by Abdou 06:50:26 AM 2012.11.03 |