SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (2448)11/19/2003 5:15:47 PM
From: Wyätt Gwyön  Read Replies (1) of 110194
 
don't think I've ever used the term, "default"

your actual words were that the US would be need "an IMF style bailout". what is a bailout if not assistance to prevent (or address) default. in any case, the US govt will NOT need an "IMF style bailout" on its sovereign debt. why would they need an "IMF style bailout" when they have a printing machine which is expertly operated by Ben Bernanke at a cost of 0 cents per dollar issued?

, I'm zeroing in on cost of money, interest rates, and credit risk that foreigners will demand

rising interest rates are one thing; IMF bailout another. i would agree with you that at some point the world could WELL assign a MUCH HIGHER risk premium to the US. and this may raise the cost of borrowing for all, including the US govt.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext