SUBTITLE: THIS IS REALITY GREG! (BLOG by BRUCE RESCH)
Tuesday, December 16, 2008
The-Uh The-uh, That's All Folks
Well we finally did it. The Fed lowered the overnight interest rate to virtual zero. If this does not work theyhave nowhere else to go. Or it could mean that the next time businesses have to borrow money fromthe Fed Bank they will not have interest to pay back AND they get a toaster. In other words, we're toast!