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

To: CuriousJ who wrote (6001)4/8/2008 5:28:14 PM
From: Real Man  Respond to of 71475
 
Right, the asteroid is still years away. It's actually 57
Trillion SS and medicare liabilities, so US GAAP budget
deficit is around $4 Trillion a year. That's future liabilities, though - we live for today.

ft.com

“If no policy changes are made, in 10 years from now we would
have to look very seriously at whether the US is still a
triple-A credit,”

Hehehe, like Moody's will ever cut it... US treasuries are
NOT AAA right now, since the Fed is taking junk on balance
sheet.


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