Armstrong may be onto something when it comes to the rates in his recent post. While the US may have a dip, our GDP will be positive while the rest of the world turns down.

If we do indeed have a liquidity crisis in short term paper then the writing really is on the wall - the rush is into US paper.

Looks like a classic slingshot move to me. This is the final rush into US bonds while the world economy goes back into recession without ever getting out of the last one. Just like a slingshot everyone will be short rates and then get pwnd when rates surge.

Can the guy who was disappointed with Socrates saying it was a waste of money above PLEASE post the last 30 days or so of Private Blog posts for us plebs?