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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Amark$p who wrote (42734)11/14/2008 3:37:38 AM
From: pogohere  Read Replies (1) | Respond to of 217815
 
Weimar USA: "Ultimately, the US may be forced to finance itself in foreign currency. This would expose the US to currency risk but most importantly it would not be able to service its debt by printing money. The US, like all borrowers, would become subject to the discipline of creditors."

"And keep in mind that German reparations were payable only in gold or foreign currencies, not the Reichsmark."

Message 24597739



To: Amark$p who wrote (42734)11/14/2008 4:02:17 AM
From: dybdahl  Read Replies (1) | Respond to of 217815
 
I totally agree on the health costs... it will only increase as those with money grow older. And since obesity causes huge amounts of health problems (and thereby reduces productivity), that needs to be fixed, too.



To: Amark$p who wrote (42734)11/14/2008 8:06:23 AM
From: carranza2  Respond to of 217815
 
Fabulous.

Very incisive.

Das, Roubini and Faber are the few macro guys worth reading. The rest is noise.

Thanks for bringing that terrific piece here.



To: Amark$p who wrote (42734)11/14/2008 10:43:21 AM
From: RJA_  Read Replies (1) | Respond to of 217815
 
Amark -- have you got a link for this?