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 Post subject: Game Over
PostPosted: Tue Dec 09, 2008 9:25 pm 
Newbie

Joined: Fri Nov 21, 2008 8:12 pm
Posts: 9
http://www.bloomberg.com/apps/news?pid=20601087&sid=adLrsq9KMJL8&refer=home

Quote:
Rates on three-month bills, viewed as a haven in times of turmoil, traded at a negative rate of 0.01 percent today. The Treasury sold $27 billion in three-month bills yesterday at a rate of 0.005 percent, the lowest rate since it starting auctioning the securities in 1929.


Looks like the economy is in a far worse state than first feared. :cry:

Benefits will be more people cycling. But some may hold on to their old skool bikes for longer :twisted:


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 Post subject:
PostPosted: Wed Dec 10, 2008 12:47 am 
Old School Grand Master
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Joined: Tue Nov 18, 2008 10:49 am
Posts: 4061
Location: A veritable floating palace
On the other hand, more people might be desperate to clear them out.


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 Post subject:
PostPosted: Wed Dec 10, 2008 3:57 am 
Gold Trader / MacRetro rider
Gold Trader / MacRetro rider
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Joined: Sun May 25, 2008 11:03 am
Posts: 18207
Location: Sunny Glasgow
chris667 wrote:
On the other hand, more people might be desperate to clear them out.

Every cloud has a silver lining :D


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 Post subject:
PostPosted: Wed Dec 10, 2008 1:23 pm 
Newbie

Joined: Fri Nov 21, 2008 8:12 pm
Posts: 9
True, that.

Retro bikes may prove to be a better investment than just about anything else. Plus, with the pound tanking, our American and European brothers have more purchasing power on the 'bay.

Image

Time to emigrate to.... Maccy D's!


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