Sunday, June 14, 2009

Government Bond Fiasco — What to Do ...

"And no matter what your investment persuasion, there can be no question that, with nearly $14 trillion spent, lent and guaranteed to bail out troubled companies and to stimulate the economy, Washington’s spending spree has spun out of control.

Nor is there any question that the U.S. Treasury is now engaged in the greatest borrowing binge in history." [Money & Markets]

No comments:

Post a Comment