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: mishedlo who wrote (6081)1/28/2004 5:18:54 PM
From: Real Man  Read Replies (1) of 110194
 
M., we may be headed somewhere in between. The debt will not
be repaid, but prices on essentials will rise. The US dollar
is like a bond of US of A - if the debt of US of A is not
repaid, it goes down in price. And US owes everybody, since
everybody outside US has dollars. Non-payment of US debt
to other countries would mean that the dollar will need to
crash, like Peso in Argentina. This would mean hell - higher
rates, lower stocks, lower dollar, and higher commodities.
Inflation? Well, nobody will buy anything tech, so there
you'll have deflation. But we all have to eat. There will for
sure be one heck of a deflation outside US. Gold could drop,
along with gold stocks, in currencies other than USD. Or,
it could rise if only a tiny portion of all investors start
seeking safety.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext