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

To: LTK007 who wrote (101512)	2/20/2009 6:42:41 PM
From: RJA_	Read Replies (1) \| Respond to of 110194

Max, how about the link to that... I'd like to read the rest of it... RJA

To: LTK007 who wrote (101512)	2/21/2009 1:33:59 PM
From: benwood	Read Replies (1) \| Respond to of 110194

Let's see... 12 trillion debt, 10% interest, 1.2 trillion per year debt payments, about 600 billion in cash to foreigners (or more?). And... the running deficit of 1-1.5 trillion, and climbing. Talk about ugly.

To: LTK007 who wrote (101512)	2/21/2009 5:59:18 PM
From: SGJ	Read Replies (1) \| Respond to of 110194

Without China buying Treasuries, interest rates will have to skyrocket to attract other sources capital. Relax. China is going to continue to buy US treasuries. They have already said as much. See the recent quotes by the Chinese Treasury. Understand that there is nothing else. What they hate is the stimulus package. They are also avoiding gold as its not really practical to the extent they need. 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.>> In my opinion this is still many years away. Like 50. And it may not occur at all. I thought Keynesians lived in the present? Synthetic currency? What is that?