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Lessons of Weimar: For the Coming Crisis
briarberry - Sun, 01 Jan 06 :
interest rates... i dare say that debt in proportion to rates is very high
debt/(1/rates)
the financial sectors high profits seem to indicate that this is so
as debt increases the point at which rate rises cause pain gets lower and lower
come the next slow-down, reflate one more time before the wheels fall off ??? rates down to zero like Japan in the 90's ???
just have to wait and see
here's the chart :) :)
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