The myth that interest rates would skyrocket when China quit buying U.S. treasuries has been completely blown out of the water. China reduced their position in Treasuries by almost $300bn last year. The 10 year T currently yields 2.15%. Historically very low, and little changed from a year ago.
Remember when wingnuts said Clintons tax increase would kill the economy? Right before the economy boomed? Lol
Remember when inflation was going to skyrocket under Obama, and gold was a good safe haven? Lol
Remember when we would be greeted as liberators? Lol
Remembering all the times wingnuts have been proven utterly wrong is amusing.
Remember when wingnuts said Clintons tax increase would kill the economy? Right before the economy boomed? Lol
Remember when inflation was going to skyrocket under Obama, and gold was a good safe haven? Lol
Remember when we would be greeted as liberators? Lol
Remembering all the times wingnuts have been proven utterly wrong is amusing.
