Thursday, February 21, 2013

The Fed has no exit

There is no exit without crashing the bubble economy. One can say the Fed is THE market in the long-term bond market right now. How can they exit?? Who will buy from them when they try to sell?? It's impossible, unless aliens visit earth and get convinced to buy government bonds. And look at those bonds maturing in the next 1-2 yrs. Yikes!


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