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


To: koan who wrote (94022)2/9/2009 8:49:06 PM
From: Broken_Clock  Read Replies (1) | Respond to of 116555
 
when has our gov't EVER paid back?



To: koan who wrote (94022)2/9/2009 8:49:09 PM
From: The Reaper  Read Replies (2) | Respond to of 116555
 
Clinton's administration got lucky because Greenspan lowered short term interest rates thru the floor and they refinanced a lot of long term debt with short term debt. Surplus came from interest savings on the debt.