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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: Snowshoe who wrote (92960)7/27/2012 7:51:52 AM
From: TobagoJack1 Recommendation  Read Replies (2) of 217588
 
the math of fiscal deficits work the same way everywhere, only differ by degrees

and by degrees, comparing greece to team usa is like comparing 160% debt to gdp vs 1700% debt to gdp

the greeks are lucky not to have global reserve currency status

empires have always tried to inflate debt away, but only resulted in deflating the empire away

empires do not end in hyper inflation, they end in debt-ly diaper deflation

above rule of thumbs and toes are meant to help in watch-n-brief going forward
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