The big problem right now, clearly, is that businesses are investors are sitting on the sidelines because they’re uncertain of what’s going to happen next, and uncertain of what Washington is going to do about the debt ceiling crisis. Yet another hysteric
The economy has been uncertain about DC since 4th quarter 2008. The uncertainty has to do with DC borrowing money and investing when multipliers are less than one. Has this author noticed that when Treasury curve is about where it has been since then?
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