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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (101499)2/20/2009 2:19:58 PM
From: Box-By-The-Riviera™7 Recommendations  Read Replies (1) | Respond to of 110194
 
i think i won't. you're not only a banker, but also a texas banker. that would already be two layers of hat and no cattle before we arrived any closer to the bottom line. i don't want to know. but your empty comments and total lack of education are frightening, if indeed, you are an "employed" texas banker.

its not a big bank is it?



To: SGJ who wrote (101499)2/20/2009 6:11:08 PM
From: LTK007  Read Replies (3) | Respond to of 110194
 
Here is an example of something intelligent, you will LOVE IT! Not!
China will be ceasing to prop us up, Big Texas Banker.Then what???


"Without China buying Treasuries, interest rates will have to
skyrocket to attract other sources capital. If the U.S. government has
to pay 10% interest or more on its debt, the country will be in the
same situation as Emerging Market nations were a few years ago.
What happened to them when the debt crisis hit? Their currencies
were devalued by 50%. We think that will happen to the dollar by
2011 in relation to the Yuan, or some other synthetic Asian currency,
which will then become the world's reserve currency.
>>