The market is supposed to discount the future, right now, its just whistling past the graveyard. This article shows what is likely to happen n Egypt even if reform and Mubarak is ousted. Look at Iraq years later of Afghanistan-now Tunisia. Why would we expect the fulcrum of the Arab world be any less chaotic?
Here's the latest from Tunisia
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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