It has already gone on for an awfully long time. But that doesn't mean that it can't go on some more. You can continue to run up your debt as long as the world is willing to finance your debt.

207

There are no bond market vigilantes out there right now.

182

It sometimes seems like every major Republican financial executive in New York has already been offered his job.

177

There is a very flat yield curve globally for different reasons, even in some emerging markets. I really don't see where the easy money is. No matter how sophisticated you are, you can't get away from the basics of banking: Borrow short, lend long.

159

There is a real problem with global exchange rates, and I also think the U.S. is living beyond its means.

97