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

To: Rarebird who wrote (19332)10/3/2004 10:58:01 AM
From: loantech  Read Replies (1) | Respond to of 110194
 
RB,
I understand sort of your big picture. I guess in simple terms I just can't see our Americans can keep racking up more debt. I guess plenty of debt already is never enough let's all go out this week and borrow a 100K maybe 200K maybe more. <ng>
tom



To: Rarebird who wrote (19332)10/3/2004 5:58:30 PM
From: NOW  Respond to of 110194
 
well, they surely have a continued interst to keep the game going for a while yet.
tom clancy was quite prescient in his economic war scenario but mistook japan for china in Debt of Honor.



To: Rarebird who wrote (19332)10/3/2004 6:57:12 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
I would add that huge Asian support for the US dollar is a key factor enabling the Bushies to continue their Iraq aggression. This support has allowed them to invade Iraq and escalate the war with the US population paying virtually no economic or financial price to date despite expenditures of hundreds of billions of dollars.


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