Home › Forums › Financial Markets/Economics › The Con That Turned the World Against America › It’s an apocalyptic article,
It’s an apocalyptic article, saying foreigners have lost faith in US financial investments because they feel misled by sub-prime mortgage hucksters.
If true, it’s hard to explain how come long Treasury yields are still very low. (10T today was about 4.5%.)
I think it’s a prediction of what will happen, not a description of what has happened, as it purports.
Patient renter in OC
