Sunday, August 7, 2011

oh the pain the pain !!!














" As of yesterday, the US government could lock in 30-year bonds at a real interest rate of 1.25%. That means that a trillion dollars in extra debt would mean $12.5 billion a year in additional real interest payments."
pk

yes we have barely reached an onerous pub-debt carrying point....err ...delightful  hystrionics aside that is