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


To: gregor_us who wrote (63000)6/7/2006 5:52:36 PM
From: GST  Respond to of 110194
 
you nailed it!



To: gregor_us who wrote (63000)6/7/2006 9:55:13 PM
From: TH  Read Replies (1) | Respond to of 110194
 
LP,

I'm glad you are posting, as I like your perspective. Very interesting take on the situation.

Besides if you are not around, who is going to translate Blackhawk Ben for us?

GT
TH



To: gregor_us who wrote (63000)6/9/2006 2:35:01 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'The only thing keeping up the dollar and T-Bonds is a moderately functioning US economy. It's musical chairs, but it works. It's a facade that make global holders of T-Bonds believe we can service the debt.'

I bet the maestro fooled Ben into believing the US would never have to worry about that. We owe them too much already.

The guy who owes a bank $1k is in big trouble if he defaults. When another guy defaults on $100M to that same bank it is the bank that is in trouble<g>