2012-03-09goldseek.com

``Few analysts seem to report a basic factor. The USGovt cannot afford a higher rate on borrowing costs than 0%, not now and not ever. So it will become permanent. This is the New Normal with ugly warts. There can be no Exit Strategy, since the government finances dictate no change... The USGovt deficit thus locks the 0% rate and puts the USFed in a monetary straitjacket.''



Comments: Be the first to add a comment

add a comment | go to forum thread