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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: clutterer who wrote (85089)9/13/2008 5:26:48 PM
From: ajtj991 Recommendation  Read Replies (4) | Respond to of 116555
 
If China doesn't bid at the Treasury auctions, all our T-bill based interest rates go up about 1%. That's all on the consumer.

It was in our intrerests to do so. If we screw China, we screw ourselves.