Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (87464)	5/23/2009 2:46:19 AM
From: Real Man	Read Replies (3) of 94695

Ouch. Technically, with 400% of GDP in government liabilities, our sovereign rating should be CCC- or D, in default (through Quantitative Easing) with little prospect for recovery. The balance sheet of US government is worse than GM's We knew all this for some time, but when the market starts to connect the dots, it may be time to run for the hills. Then again, maybe not. -g- usdebtclock.org

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