Anyone with any common sense knew this guy was a total clown.
Quote from libertad:
Excellent Commentary, Gnome
................................................................................
I'll bet it will be MUCH higher than that when the rest of the world pukes up their treasuries out of disgust for the crashing $USD.... maybe not within 2 years though.
..................................................................................
What is interesting is that it is not until previous extremes are met....that reversals take place....often this is the case....
The Carter Admin saw 90 day tbills above 16%.....
Quote from JamesVU2000:
I suspect we are going to learn a VERY hard lesson about credit expansion.
