Anorak News | Treasury Bills Tank

Treasury Bills Tank

by | 21st, November 2008

As he says:

A low interest rate for a short term T-Bill indicates that business are just putting their money in the biggest mattress in the world (The US Government). The interest rate is currently at 0.005.… Yikes.

The world grinds to a halt..

Posted: 21st, November 2008 | In: Money Comment (1) | TrackBack | Permalink