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


To: mishedlo who wrote (54062)2/17/2006 11:00:49 AM
From: GST  Respond to of 110194
 
Mish. Foreign indebtedness incurs risks not associated with domestic indebtedness -- i.e. currency risk. Money supply is a factor -- but hardly the only factor. I have said that consistently. Foreign borrowing creates risk and a dynamic that is substantially different from merely expanded money supply with one country.