re: #197 Capitalistincharge

Hi 3 wood! Just the guy I wanted to see. Question: If T bill rates go to 5% will it be time to get serious about economic collapse?

I don’t think the economy will “collapse” per se, but you will have very high inflation and everything that goes with that.

Which would be acceptable if unemployment was low, but I don’t think employment will appreciably improve any time soon. The destruction of jobs is slowing down a bit is the best you can say now.

The 10 year treasury closed at about 3.86% or so today.