@peterschiff : Experts are dismissing the danger of rising bond yields as they claim rates are going up for the right reasons. But it's far more likely rates are rising for the wrong reasons. But regardless of why rates are rising, the U.S. has so much debt that it can't afford the higher cost. • TwiCopy

Peter Schiff

@peterschiff

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Chief Economist & Global Strategist Europac.com, Founder SchiffSovereign.com, Host SchiffRadio.com, N.Y. Times Best Selling Author

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linkhttp://amzn.to/1nDylDr calendar_today14-07-2009 01:28:42

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Peter Schiff

@peterschiff

8 years ago

Experts are dismissing the danger of rising bond yields as they claim rates are going up for the right reasons. But it's far more likely rates are rising for the wrong reasons. But regardless of why rates are rising, the U.S. has so much debt that it can't afford the higher cost.

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