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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (150425)9/25/2008 6:00:29 PM
From: Jim McMannisRead Replies (2) | Respond to of 306849
 
Just watch, the new overlords are gonna make a big surge in US ownership here.



To: bentway who wrote (150425)9/25/2008 6:12:40 PM
From: Cal AmariRespond to of 306849
 
"I love how we are just going to create $700 BILLION out of thin air. How many T-bills is that?

Have China and Japan already agreed to buy the T-bills?"

I have the solution.

Tell China, Japan, and Korea that we don't have the funds to buy their T-bills at face value now, but we will gladly pay them 20 cents on the dollar for $700B worth of their current holdings if they will agree to pay full price for $700B of new ones.

Call it a Government Toilet Paper Swap.

Oh yeah, we will throw in warrants with rights to buy the U.S. outright within 5 or 10 years.