[–] falsestprophet 17y ago ↗ I feel canceled credit card is a too melodramatic metaphor for marginally increased cost of borrowing.What is more, the cost of borrowing for the Treasury has actually decreased over the course of the crisis [1] to almost nothing at all [2].1: http://www.investopedia.com/terms/f/flighttoquality.asp2: http://www.treasurydirect.gov/RI/OFNtebnd
1 comment
[ 4.2 ms ] story [ 11.9 ms ] threadWhat is more, the cost of borrowing for the Treasury has actually decreased over the course of the crisis [1] to almost nothing at all [2].
1: http://www.investopedia.com/terms/f/flighttoquality.asp
2: http://www.treasurydirect.gov/RI/OFNtebnd