The discouraging aspect of all this is that so much capital remains tied up in non-performing assets. To save the bankers, we have killed off the future prospects for entrepreneurs.
April 23rd, 2010 | Dan Denning | 47 comments | ContinuedAll Posts Tagged With: "yield"
Look out! It’s The Bond Vigilantes!
This is the media name for the bond traders who scuppered Bill Clinton’s big spending plans during his first term. Back then, the market was capable of imposing some fiscal discipline on the U.S. government by forcing it to pay higher rates of interest for the debt it sold to finance its spending plans.
February 12th, 2009 | Dan Denning | 3 comments | Continued
