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Coreysaurus
Thom Hartmann Program
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Comments by "Coreysaurus" (@ggadguy) on "Social Security and Age - Peter Ferrara" video.
Thom presents a false choice of either putting the money into treasury bills or to Goldman Sachs... how about NEITHER? How about it goes right into my pocket so I can pay for my family, the gas prices or my next meal?
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@ggadguy People should be soon buy TBT which is the short position ETF on the 20 year U.S. treasuries. The Chinese are not buying our bonds like they once did. This is being propped up by the government.
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Our own U.S. government has been the largest buyer of our own treasury bills. Isn't that scary? The government has the Fed print the money and purchase U.S. bonds. That's why TLT is going up. Right now the bond market is in the biggest bubble and will eventually crash once interest rates go up.
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