zanardm

The Geithner / Obama Plan Will Fail

Debt of Cards

The more debt the gov runs up, the higher yields rise, and hence interest rates. Therefore this further shuts down the housing market. Why not get debt down, yields down, and hence interest rates down for houses, cars, and consumers in general? Thus the quickest way for the economic tide to rise for all of us? Is this too simple a plan to advance and execute?