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 : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TH who wrote (19833)12/29/2004 5:37:11 PM
From: Rational  Read Replies (2) of 116555
 
The failure of Treasury auction means that the Federal government will have cut spending on war and all that crazy nonsense. This may be the beginning of a financial surrender by the U.S. to the rest of the world. The possibility of demonitization (writing off debt by decree) looms large in my view.

Ironically, all the Bush tax cuts passed on to the wealthy will be more than wiped out as the rich hold the bonds that will be pummeled in value.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News