High-yield/macroeconomics (fka YIELD)

[rfj1862]

This makes me ill. We're going to rescue the over-spenders and over-reachers by mortgaging our economy.

I think Bernanke is beholden to Bush for appointing him. Even though lowering interest rates is probably the worst possible move for the economy long-term, it seems the current administration is more concerned with shunting all of its problems (including, but hardly limited to, the economy) to the next administration rather than stepping up to the plate now.

I often get the feeling that Bush's strategy is to screw things up so thoroughly that there's no chance the next administration will be able to set things straight without some major, major pain. And we all know that whoever is in office gets blamed, regardless of whether they had anything to do with it or not.

I guess all of this doesn't matter to me much. I'll still make money: A dive in the dollar means I make more on my ex-US investments. Lower interest rates also mean that equity investments with yield become relatively more attractive, opening up the potential for some excellent returns beyond the dividend income.