[Info-vax] HP stopping VMS paper documentation ?
Johnny Billquist
bqt at softjar.se
Wed Nov 30 19:12:44 EST 2011
On 2011-11-30 20.24, AEF wrote:
> On Nov 30, 11:35 am, Johnny Billquist<b... at softjar.se> wrote:
>> On 2011-11-30 06.30, AEF wrote:
>>
>>> On Nov 29, 6:52 pm, Fritz Wuehler
>>> <fr... at spamexpire-201111.rodent.frell.theremailer.net> wrote:
>>>>>>> The U.S. is not bankrupt. It is still paying its bills, and can borrow
>>>>>>> at near zero percent interest rates. That is not bankrupt.
>>
>>>> It's bankrupt, morally and financially. But they make the laws and twist
>>>> them and enforce them (or not, depending on if it is or isn't to their
>>>> benefit) and they print the money, they don't have to admit it when they're
>>>> bankrupt.
>>
>>> Can a bankrupt entity borrow money at near-zero percent interest?
>>
>> Google for "US BONDS INTEREST RATES".
>> It's nowhere near zero percent. Where did you get that idea?
>> Why would anyone want to loan out money without getting any interest?
>> That sounds like a loosing proposition.
>>
>> Johnny
>
> http://www.bankrate.com/rates/interest-rates/prime-rate.aspx
>
> The Fed funds rate is 0.25%. That's about as low as it can go. I'd
> call that near-zero. If you don't like that, how about "as low as it's
> ever been". This is not a sign of bankruptcy!
>
> If you consider this to be bankruptcy, then every entity on the planet
> is bankrupt.
You do understand that this is not the rate the US government pays when
it loans, right?
Once again. google for "US BONDS", which is what the US government uses
to loan money, and see what rates the US pays. What you, as a domestic
person pay in interest when taking a loan inside the country have almost
no bearing on the rates the government itself have to pay when loaning
money.
The same is probably true in Greece. People with house loans inside
Greece is probably not paying the same rates as Greece itself have to
right now. At the moment, Greek bonds for 10 years sits at around 6%.
US EE bonds (as an example) goes over 20 years, at which time the US
guarantees that you'll get double your money back. (You figure out what
the interest per year is for that, but it's definitely not zero, or near
zero.)
US I series bonds currently sit at 3.06%.
You seem to exhibit a rather limited understanding of global economics,
but you make plenty of bold claims...
Johnny
More information about the Info-vax
mailing list