Thursday, November 18, 2010

BOB RUBIN: "US In Terribly Dangerous Territory," Bond Market May Be Headed For "Implosion"

http://www.businessinsider.com/rubin-bond-market-implosion-2010-11

How ironic is it that former Treasury Secretary Rubin is issuing warnings of bond market implosions when he was one of the most instrumental in creating the bond market bubble in the first place, with his encouragement of levering up the economy via derivatives.

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