I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
Before reading this we have to bear in mind this little facts 1) foreign investors are shrinking-not only treasury bonds but corporate investments too 2) MBS are on increasing high defaulting rate which I have mentioned in previous posts 3) Junk bonds are on an alarming high in times where the economy is performing poorly:unemployment,rising government debt,rising foreclosures,students are not finding jobs and therefore not paying their student loans, etc
Before reading this we have to bear in mind this little facts 1) foreign investors are shrinking-not only treasury bonds but corporate investments too 2) MBS are on increasing high defaulting rate which I have mentioned in previous posts 3) Junk bonds are on an alarming high in times where the economy is performing poorly:unemployment,rising government debt,rising foreclosures,students are not finding jobs and therefore not paying their student loans, etc
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