Devalued - Mark Steyn notes in "The Disappearing Dollar" that many of the measures of prosperity - the U.S. credit rating, the dollar, housing, education - ain't what they used to be.
And then there's this from the real world: interest rates on bonds have FALLEN since the S&P's warning, which is exactly the opposite of what you'd expect if investors were actually worried about America's creditworthiness.
And then there's this from the real world: interest rates on bonds have FALLEN since the S&P's warning, which is exactly the opposite of what you'd expect if investors were actually worried about America's creditworthiness.
ReplyDeleteHave you been to a grocery store or gas station lately?
ReplyDeleteHey, remember when President Obama gave a speech and made the stock market fall? Yeah... good times.
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