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

To: russwinter who wrote (53563)	2/12/2006 12:25:56 PM
From: Claude Cormier	Read Replies (3) \| Respond to of 110194

- I think US Treasury debt gets a downgrade (spiking rates), but remains solvent, at least I hope. Could T-Bills become unsolvent? That seems impossible. You are talking total collapse here?

To: russwinter who wrote (53563)	2/12/2006 12:54:03 PM
From: jennifersilversun	Read Replies (3) \| Respond to of 110194

I gather you believe T-bills are safer than banks, because the Treasury will always print more money to make sure the govt can find sources to borrow from. But if major banks collapse, won't the govt also feel compelled to print more money to shore up the banking system, because the alternative is too destabilizing? jss btw, i've been telling everybody about t-bills and treasurydirect--amazing how many don't know about it--to get those kind of rates from banks you need to tie up the money for at least 10 months and usually have a 5k minimum. i keep wondering when the media will begin reporting it--curious how all those media financial planners/advisors don't talk about it--don't think it's a conspiracy, just evidence of how herd-like they are in their reporting.

To: russwinter who wrote (53563)	2/12/2006 1:20:14 PM
From: Ramsey Su	Respond to of 110194

The question I have about the dollar is its hegemonic value. Is that something that can be measured? Is that a value that fluctuates? Is it an all or nothing value? As the world's anchor currency, so much is denominated in the greenback. How much is that worth? In hind sight, whoever dreamt up the Euro was (is) a genius. Can you imagine what it is like without at least an alternative to the dollar? As the keeper of the global anchor currency, we have behaved in a totally irresponsible and reckless manner. In fact, if the US has to living be EC rules, would we be in violation of deficit limits? I think aside from political leaders who run this country, everyone realizes that this is an unsustainable. Should Asia have an Euro equivalent? Should there be a currency that is based on a basket of commodities such as oil, gold, copper, coffee, hopefully allowing market conditions instead of letting CBs and politicians influence the value of currency? This is too much thinking for a Sunday, I think I am going to see if there is a curling match on instead. <ggggg>