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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (57404)	4/26/2002 4:31:14 PM
From: westpacific	Read Replies (1) \| Respond to of 99280

''''And I think we are going to see really, really bad times. In fact I wouldn't be surprised to see US Govt defaulting. '''' Steve - I agree, folks are not even thinking this but we now have over 32T total debt within all areas of America - this is all catagories!! Think about this number!

To: Steve Lee who wrote (57404)	4/26/2002 4:52:38 PM
From: 4rthofjuly007	Respond to of 99280

>>In fact I wouldn't be surprised to see US Govt defaulting. << I strongly disagree. Not saying it is not possible but unless you can show me hard numbers demonstrating exactly the conditions under which the US gov. would not be able to meet its obligations, I don't see it as anything to assign a probability of even 1% much less something that would not be surprising.