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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (705170)3/21/2013 1:56:05 PM
From: THE WATSONYOUTH3 Recommendations  Read Replies (1) | Respond to of 1572161
 
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.



To: i-node who wrote (705170)3/21/2013 4:35:34 PM
From: combjelly  Respond to of 1572161
 

It is just a shame that "starting to recover" has taken five years instead of two


We have been in recovery for a couple of years. It is always slow when the recession is caused by financial reasons and not business cycles because credit is hard to get.

Don't take my word for it though. Research it.

. With 16T in debt, which will be 20T before Obama leaves office,


You see the deficit going up over the next few years? Why?


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