Celebrating This Land Of Absurdity…”In essence, America today is a land of absurdity where lunatics thrive and screwballs flourish.”
by MN Gordon via Economic Prism blog,
ZeroHedge.com
Jul 3, 2016
“Myths and legends die hard in America,” remarked Hunter S. Thompson in The Great Shark Hunt, nearly 40-years ago. Thompson didn’t likely have U.S. Treasury bonds in mind when he made this observation. Though, if he were still alive, he may find the present state of the great Treasury bond bubble to be an amusing anecdote.
[Friday saw US Treasury yields plunge to record lows with 10Y breaking below 2012 lows to 1.3784%]. What compels someone of sound mind and honest convictions to give their hard earned money to the government for 10-years for just a 1.38 percent yield?
The Rest…HERE
