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Greg Orme
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There's an old joke about banks, that they will only lend you money when you don't need it. Maybe these low interest rates are occurring because these governments have all said they don't want to borrow money for a stimulus. If these governments decided to use this opportunity to borrow more then the bond markets might decide they were becoming unpredictable and jack up the interest rates. If so then the situation might be only good for rolling over debt cheaply.
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Is it possible that the same cause is increasing part of the CO2 as well as increasing temperatures?
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Jan 1, 2010