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

To: re3 who wrote (44274)	12/30/2008 9:13:42 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217620

i think the usa federal government will (i) aggregate / consolidate as much debt from companies, states, and municipalities as possible (ii) drive people to us dollar, and then to t-bills, and (iii) do one massive default because that is the argentine script - declare bank holiday, convert forex deposit to domestic currency deposit, then domestic currency deposit to central govt debt, and then add a zero to all monies. people are walking into the trap that is intuitively obvious to the most casual observers in japan, zimbabwe and argentina.