Guys like Larry Kudlow, consulting to President-elect Trump,
and in line for the Chairman of the Council of Economic Advisors.
Heck, why not? Other countries are now issuing long-term debt.
Ireland and Belgium issued 100-year debt. Austria issued 70-year
debt. Italy, France, and Spain issued 50-year debt. And Japan
pushed out a 40-year maturity and is now considering 50 years.
Mexico, believe it or not, has already issued three 100-year
bonds since 2010. Britain’s U.K. Treasury has issued 40- to
50-year bonds seven times. Here’s the thinking:
http://www.moneyandmarkets.com/more-on- ... dium=email
Wade says, "Boy now that is a gas! If I were to hold one of
these puppies 'till maturity, I would be 172 years old! Oh
well, at least I am doing better than Carrie Fisher and Debbie
Renyolds!"
