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


To: zamboz who wrote (11290)9/18/2008 5:21:23 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71456
 
It's not quite a black hole, the size of the balance sheet
is around $1 Trillion. Then there is a certain machine they
can use, but using it abusively to monetize the debt is not as
harmless as it seems. They thus would rather borrow from
the Treasury or the foreigners.

It also seems the Treasury is a black hole that can bail
out everyone, while running a huge deficit + cutting taxes for
the rich forever. However, this is also not the case, and once
the markets start paying attention, then SHTF in a big way.