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jt6455

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jt6455

Re: dmcc2087 post# 17820

Friday, 12/18/2015 11:35:43 AM

Friday, December 18, 2015 11:35:43 AM

Post# of 46662
Agreed the sheep don't stop to think why rates are rising. In the late 70s interest rates killed the gold run but the economy was in much much different shape back then. 16%+ rates could be absorbed because the debt was significantly less.

Today each qtr tick represents a half trillion $$$ just to service this insane debt.
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