The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: mishedlo who wrote (26392)	2/13/2005 11:11:29 PM
From: russwinter	Read Replies (1) of 110194

Keep in mind the extent of US financing needs under Bretton Woods II. Maybe a trillion bucks a year needed for foreign sources, $900 billion, or even 800 billion if real progress is made on deficits. All you'd need to upset the apple cart is an adjustment at the margin by one, several or many participants. And it wouldn't even have to be into Euros, or gold, it could just be internally. For example, this project: 80% of Thailand's foreign reserves are USD assets. Get rid of Old Maid Cards, quit subsidizing Americans, and put the USD to good use: February 10 - Bloomberg (Anuchit Nguyen): “Thailand may use as much as a third of the nation’s $49 billion in foreign-currency reserves to help finance a 1.5 trillion baht ($39 billion) plan to build subways and other public works projects, Prime Minister Thaksin Shinawatra’s top adviser said. The government needs other sources of financing besides tax revenue, Pansak Vinyaratn said today… The appropriate level of Thailand's foreign-currency reserves should be at about $32 billion, he said.”

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next