Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.48

+1.3%

11:25 AM EST

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To: SirWalterRalegh who wrote (138530)	7/12/2005 6:08:23 PM
From: Whatnot	Read Replies (1) of 152472

Absurd - not so fast my friend. It has already happened right here in the US back in 1980. The treasury was unable to sell its debt because no-one showed up to buy it. The result was a massive increase in interest rates and then the buyers came back but at a significant cost to both the treasury and the economy. We call all delude ourselves like Dick Cheney and pretend that deficits don't matter but they do.

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