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


To: TobagoJack who wrote (56613)3/23/2006 5:41:50 AM
From: shades  Read Replies (1) | Respond to of 110194
 
we are far from the end game as yet, and so there is still plenty of time before we need to go 100% physical gold ;0)

When does Jim Rogers get his tank and go make the bank of japan and fannie mae COMPLY? Until japan deals with those bad loans what changes? When are they going to deal with the bad loans? How are they going to deal with the bad loans?
What would FORCE them to deal with those bad loans tomorrow?

They have been on the books for a long long time now - but you are certain at some exact point in the future that problem/issue will be dealt with. My grand daddy used to tell me - son - the longer you have a loan to jimbob - the more unlikely he ever is gonna pay you back - translated - the longer the bad debt on the books - the more pacified people become and the longer it doesn't get dealt with.