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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 (101660)2/25/2009 7:54:45 PM
From: Robin Plunder18 Recommendations  Respond to of 110194
 
"I have been following the thread and want to insert some comments here.

The Chinese purchase of resources and the locking in of prices at current rates just insures more purchase of US Treasuries in the future. The reason is that the Chinese convert materials to wealth, creating enormous profits on that conversion. That wealth ends up in US Treasuries, which they still are going to be buying. Sorry to bust the doom bubble you all apparently have bought into so thoroughly."

were u a philosophy major? just wondering...did they ever figure out how many angels can sit on top of a pin?

Robin



To: SGJ who wrote (101660)2/25/2009 8:09:35 PM
From: ggersh3 Recommendations  Respond to of 110194
 
Well, if owning US treasuries is your measure of "Wealth" then I guess you're right.