SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Silver Super Bull who wrote (1758)11/1/2003 10:10:35 PM
From: philv  Read Replies (1) of 110194
 
Debt obviously doesn't matter, and more debt doesn't matter so long as the interest rates are near zero. It is the debt service (interest) that breaks the camel's back. The principal can simple stay on the books as an asset because there is so much new paper available.

No wonder Greenspan says interest rates will not be going up for a long time. That would kill the goose.

Unrealistic low interest rates cause inflation in various sectors. Inflation is what the Feds want. High interest rates eventually kills.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext