Italy Pays 6.5% For Six Month Money
You know something is upside down when I can borrow money cheaper than one of the previously largest economies in the world.
Just the other day, I got one of those terrific offers from my credit card company offering to loan me funds to pay off other debts and the rate of interest they were charging was 5.9%!
Imagine, a little old person being able to borrow loot for less than a sovereign nation! Do any of us really think that ANYONE has the money problem solved?? If you did, you likely believe in that jolly ole elf too.
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