• Buy Books On Gold
  • 0 items$0.00

Times of Gold

People build civilizations; governments destroy them.

Phil Barton
Philip Barton, Author
  • Buy Books on Gold
  • Reviews
  • Article Archives
  • Links
  • Contact

All is Well – Until it Isn’t

October 21, 2017 By Philip Barton

Saturday

The national debt is too large to sustain any meaningful increase in interest rates.  It’s all talk.

Thus, it makes sense for corporations to continue borrowing to fund share buy backs and dividends.  Borrowing funds at low interest rates in order to declare a dividend is a peculiar phenomenon that definitely falls into the category of ‘perverse incentives create perverse outcomes’.

While such shenanigans are still possible, there will also be no stock market crash.  Nor will there be a bond market crash.  I see no signs that the juggler’s balls cannot be kept in the air for a while longer.

Interest rates will go up when the market puts them up, not when the Fed says that it will.

All is well – until it isn’t.

Filed Under: Philip Barton Tagged With: bond market crash, corporations, dividend, Fed, interest rates, market, national debt, share buy backs, stock market crash

Archives by Date

Books on Gold

  • Dawn of Gold by Philip Barton Dawn of Gold by Philip Barton (eBook Instant Download) $9.95
  • Gold Basics by Philip Barton Gold Basics by Philip Barton (eBook Instant Download) $4.95
  • Dawn of Gold and Gold Basics by Philip Barton (2 eBooks Instant Download) $10.95
  • Dawn of Gold by Philip Barton Dawn of Gold by Philip Barton (Hardcopy) $36.95

Categories

  • Authors
    • Philip Barton
  • Other News

Copyright © 2023 - All content owned by Times of Gold. Website created and managed by Claire de Jong, Website Designer & Developer.