The Biggest Selloff of US Debt !

[Reynard32]

Originally Posted by HappyTexan

It took their concerns into consideration the last "no rate hike" hike meeting.
Yellen mentioned "weaker global conditions" which is Europe.

For crying out loud, "the globe" is lots of things and people and places. Everybody knows that. But nobody is dialing up Yellen and telling her not to raise rates. That's not at all how things work.

Originally Posted by HappyTexan

Interesting tidbit..the Fed has not raised rates since 2006.
We're coming up on 10 years of no rate hike.

Gee...I wonder why. Were you somehow not aware of the greatest economic collapse since the Great Depression??? It's seeds were planted in 2002-2006. It began to flower in 2006-2007. It exploded in 2008. The shock waves are still being felt, thanks in large part to one political party's having been invested in opposition and resistance to economic recovery.

[HappyTexan]

Originally Posted by Reynard32

For crying out loud, "the globe" is lots of things and people and places. Everybody knows that. But nobody is dialing up Yellen and telling her not to raise rates. That's not at all how things work.


Gee...I wonder why. Were you somehow not aware of the greatest economic collapse since the Great Depression??? It's seeds were planted in 2002-2006. It began to flower in 2006-2007. It exploded in 2008. The shock waves are still being felt, thanks in large part to one political party's having been invested in opposition and resistance to economic recovery.

Which was declared OVER in June 2009, 6 years ago.

[Reynard32]

Originally Posted by HappyTexan

Which was declared OVER in June 2009, 6 years ago.

Come on. The end of a recession comes at a trough -- the point when things finally stop getting worse. This DOES NOT mean that things are suddenly all better. It means that expansion has begun once again, and that eventually, it may be possible to grow back to where we once had been and then beyond. This process goes more smoothly when the party not in the White House supports rather than opposes the notion of recovery.