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

To: NOW who wrote (23826)12/27/2004 3:06:01 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
The fact that establishment figures are now suggesting such drastic action shows how explosive the imbalances have become.

As far as debt repudiation goes there is ample precedent. Richard Nixon in 1971 unilaterally repudiated the long standing US commitment to redeem foreign debts in gold on demand.



To: NOW who wrote (23826)12/27/2004 3:08:12 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
Quite literally that was an absurd article.
Spend more on defense.
Forgive US debts.
What is this, a fascist wet dream?

Mish


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