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And here's Ambrose Evans-Pritchard:

4) World stability hangs by a thread as economies continue to unravel - Telegraph

Investors are retreating into 3-month US Treasury bills - the ultimate safe-haven. The yield has fallen to 0.02pc, less than zero after costs. You pay Washington to guard your money.

(Read the whole article, go on)

by afew (afew(a in a circle)eurotrib_dot_com) on Mon Dec 1st, 2008 at 09:51:39 AM EST
[ Parent ]
It's an interesting article, even if I disagree with practically all of his conclusions.

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Mon Dec 1st, 2008 at 10:02:41 AM EST
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