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Debt market review

The modest rally on our debt markets may signal some good opportunities

25th Sep 10, 12:51pm

by David Chaston

The modest rally on our debt markets may signal some good opportunities

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One of the saddest lessons of history is this: If we've been bamboozled long enough, we tend to reject any evidence of the bamboozle. We're no longer interested in finding out the truth. The bamboozle has captured us. It's simply too painful to acknowledge, even to ourselves, that we've been taken. Once you give a charlatan power over you, you almost never get it back.

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