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


To: Tommaso who wrote (71509)10/9/2006 1:54:44 PM
From: UncleBigs  Read Replies (2) | Respond to of 110194
 
How else can the debt be dealt with?

Default.



To: Tommaso who wrote (71509)10/9/2006 2:11:51 PM
From: kris b  Read Replies (2) | Respond to of 110194
 
EDIT. There is always outright repudiation. Own any Czarist bonds?

or Argentine's or Polish or Soviet's etc. Desperate times dictate desperate measures.

What will happen to interest rates on long treasuries when creditors get the wind of "inflating away"? I'll be the first one to dump US $ and by far I am not the smartest.