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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST
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To: elmatador who wrote (72551)3/31/2011 6:16:29 AM
From: alpine_climber  Read Replies (1) of 217616
 
The attachment in your post was the wrong one.....but the relevant information is just what many of us suspected....$75 trillion of debt outstanding, is essentially bad debt, and no amount of QEs is going to inflate the US economy (for that matter even the global economy) to being able to repay (and service) this debt for the next 100 years.

What amazes me is how so many smart SWF people in Japan, China, and many other governments, esp central bank governers placed such large bets buying USTs when we all suspected this to be the case?
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