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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: LLCF who wrote (423141)1/29/2013 5:53:13 PM
From: Terry Maloney  Read Replies (4) of 436258
 
Trouble is, if rates go up the deficit explodes and we're into the end game. I doubt that Benny and da boyz want that ...

Here's a thought that just occurred to me, though, no idea if it makes the least bit of sense: with all this kicking the can down the road, could they be literally buying time, waiting for some/most of those $700T of derivatives to expire unexploded?
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