I will gladly give you a dollar today for 95 cents tomorrow

Sep 19, 2008 14:39

I'm still shocked by the news that the yield on 3 month t-bill was briefly negative this week, something not seen since the 30s. We have officially entered bizarro world when we have to pay the government to loan it money. That means means a very large segment of the financial world was absolutely convinced that all asset classes were going to go ( Read more... )

Leave a comment

Comments 2

chipadeedoodah September 19 2008, 21:48:22 UTC
Related hilarity:


... )

Reply

ultraswank September 19 2008, 22:04:46 UTC
Glad I pulled out my fillings and sold them last week.

Reply


Leave a comment

Up