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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: The Wharf who wrote (2740)11/30/2007 1:21:29 PM
From: Riskmgmt  Read Replies (1) | Respond to of 71463
 
If your holdings are in US it also could be considered a measure to self protect.

Um, you mean they put 7.5 billion into Citi to save the US?
I don't think so.

As to the question, you seem to have answered it for yourself, which is good because I have no idea what this means,

One carries obsolete burdening future the other is present with future.

maybe someone else can comment.



To: The Wharf who wrote (2740)11/30/2007 5:41:26 PM
From: the navigator  Read Replies (1) | Respond to of 71463
 
I can ask another question is old debt harder to service than new? I would say yes. One carries obsolete burdening future the other is present with future.

My apologies, I do not understand this comment. Can you please elaborate? I would like to know why you think that old debt is harder to service than new debt. Isn't debt a promise to pay? And why would it matter when the promise was made?

Thanks in advance.


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