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


To: patron_anejo_por_favor who wrote (27674)3/2/2005 11:32:57 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
In essence, they'd Weimarize the economy to clear the debt by devaluing the currency. Is that so far fetched?

Yes it is far fetched
It is only a threat
It would destroy banks, credit card companies, etc and help bail out J6P

In that regard it simply will NOT happen
Under a different administration or a different FED perhaps not.
As it is, what you suggest is indeed preposterous

Mish