Friday, August 5, 2011

The 2 yr at 0.25%!

What is it with these interest rates? Well, as Mark Steyn explains, "as crazy as Washington is, Europe is perceived to be crazier."

Yep. Our Country is a miracle. It is the safest, soundest, fairest and sturdiest place on the planet. Everyone knows that (nursery class perhaps the exception). The rest of the world all complain and whine incessantly about our greatness, but when their sorry ass’s are in trouble, they park their money right smack dab in the very middle of the US financial system.

There's a lot of these types heading for the covers. That’s why the 2 yr’s at 0.25%.
 

Robert Craven

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