"If at the start this cancerous growth in the nation was not particularly noticeable, it was only because there were still enough forces at work that operated for the good, so that it was kept under control. As it grew larger, however, and finally in an ultimate spurt of growth attained ruling power, the tumor broke open, as it were, and infected the whole body." The White Rose, Munich 1942
The US Long Bond.
Or as the New York bondtraders used to say, "Big Daddy."
A picture or two are worth a thousand words.
It can go on indefinitely right?
Don't most man-made things continue on endlessly in this world even when they stop making sense?
Special thanks to Brian at ContraryInvestor.com
Primary bagholders. We'd like to think the Brits are acting as agents for others.
