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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (29415)3/25/2005 10:20:49 PM
From: russwinter  Read Replies (1) of 110194
 
It would be bad enough if this was a big debtor class in the US, paying the interest on this, to a big US creditor class. But the really bad news, is that the returns and interest (now rising steadily) is in large measure being paid to foreign creditors, and is sucking capital and wealth away.
idorfman.com

I'm sure the US has been put on notice by the foreign creditors, that they won't tolerate a currency debasement and inflate away. Giant game of road chicken being played out for sure.
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