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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (3607)12/18/2003 6:52:26 PM
From: yard_man  Read Replies (2) | Respond to of 110194
 
>>Once the bond market is screwed<<

and when will that be??!! -- I've heard that predicted for years --

there's a lot of debt out there besides treasuries and lots of other financial JUNK as well as debt financed bloated REAL assets ...

what do you think is going to make foreign governments give up supporting the dollar??

This bond blow-up has been predicted for the longest time ...

Seems to me if we really do enter a debt deflation -- not only will foreigners initially continue to support the dollar -- but folks holding risky paper will be forced to buy treasuries with what they have left of the other ...

You guys seem to think this happens overnight sometime ...

Also, on the other side of the equation is demand for new debt -- that also drops in a debt deflation, too.

Look how far the dollar has already dropped -- why isn't the TNX at double digits ...

Have you ever considered -- just for a moment -- that the whole world may go the way of Japan??