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No need to follow back.
So you might have a cool knife, but would you like to be stabbed with it?
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So you might have a cool knife, but would you like to be stabbed with it?
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(I didn't have enough good slides at the time to warrant getting a super good and expensive scanner.)
(I didn't have enough good slides at the time to warrant getting a super good and expensive scanner.)
I knew that Italy was in less trouble that the US, but forgot they had higher actual Debt to GDP.
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I knew that Italy was in less trouble that the US, but forgot they had higher actual Debt to GDP.
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Italy does actually have a higher Debt to GDP ratio than the US. However, yields on that debt are lower. The 10yr US Treasury currently has a yield of 4.227%. An Italian 10yr bond has a yield of 3.468%.
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Italy does actually have a higher Debt to GDP ratio than the US. However, yields on that debt are lower. The 10yr US Treasury currently has a yield of 4.227%. An Italian 10yr bond has a yield of 3.468%.
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