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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 451.89+1.9%4:00 PM EST

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To: Haim R. Branisteanu who wrote (42053)10/31/2008 11:15:07 PM
From: energyplay  Read Replies (1) of 219618
 
A lot to the debt is counted twice or more -

Consumer credit card debt is packaged, and becomes a debt of the credit card company. This then becomes part of a money market fund.

The government debt is a more serious problem.

We can expect that some military expenditures will be ramped down.

If there is some GDP growth form lower energy prices, we might get back on a path to reduce the debt to GDP ratio.
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