dare2d4l
- Karma
- 7
- Created
- February 26, 2009 (17y ago)
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- California, Nevada Reach Record Unemployment Levels (bloomberg.com)
- Most consumers a paycheck away from ruin (globaleconomicanalysis.blogspot.com)
- Hyperinflation: fed prints $300 billion to buy its own debt (biz.yahoo.com)
the fed has always threatened to buy the long end of the treasury, but looks like it has decided to use the end move.
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(sorry for the repost; the thread got killed last night for some reason) US is 65 trillion dollars in debt (and I am not a baby boomer who mortgaged our great country away), and just spent 3 trillions. The older…