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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 387.98+1.3%Nov 28 4:00 PM EST
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To: skinowski who wrote (78914)9/1/2011 7:29:55 PM
From: carranza2  Read Replies (1) of 218074
 
yes, the lender takes it on the chin, no doubt about it. but it might be the only way when it comes to sovereigns. otherwise, default, and the lender takes it on the chin, except via an uppercut instead of a right hook. same ultimate result.

bottom line, houses of cards always fall down.
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