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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (705170)3/21/2013 1:56:05 PM
From: THE WATSONYOUTH3 Recommendations  Read Replies (1) of 1572208
 
Ultimately, we are now at the mercy of low interest rates. With 16T in debt, which will be 20T before Obama leaves office, if, for any reason, the cost of money goes up, we've got big trouble.

It will be near impossible to exit printing $85B a month without tanking the market and spiking interest rates......... so you can bet it will not happen under Obama/Bernanke.................which means it will end very badly for someone else.
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