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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Robert Douglas who wrote (2838)	1/3/2001 9:38:00 PM
From: hobo	of 3536

Besides, do you really think that Uncle Sam can resist spending that or actually pay down debt? That's up there with, "I'll respect you in the morning," and "The check is in the mail." lol.... however i do think that there is a strong enough consensus from the majority that the debt should be at least substantially paid down. the thought of an Uncle Sam who could get a "margin call" (via higher interest rates), has a lot of people concerned enough to support the effort to pay it down. particularly, after what a lot of people have experienced lately in reference to margin calls. the politicians...? yes, a risk, but not if fiscal discipline is exercised. think of government debt is like borrowing money from the sopranos...

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