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General Electric Company Message Board

  • floridadave2001 floridadave2001 Feb 26, 2013 11:21 AM Flag

    According to Bernanke interest rates will have to surge in order for them to exit

     

    He said one of the mechanisms he has to exit is to pay down the Feds $3T balance sheet with higher interest rates they will recieve on the bonds they bought. In order to exit in 2 to 3 years interest rates will have to go to double digits which everyone knows we can't afford because we will have to service the other $17T at the higher rates. This whole thing is looking like a bigger scam every time they open their mouths.

    This topic is deleted.
 
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