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To: Jeff Jordan who wrote (382979)3/25/2009 10:46:33 PM
From: Real Man  Respond to of 436258
 
Yeah, Ben just defaulted on treasuries. All rejoice. SP
should upgrade US treasuries to AAA+ -g-



To: Jeff Jordan who wrote (382979)3/25/2009 11:13:53 PM
From: Real Man  Respond to of 436258
 
Hey, maybe we can crash Russia again by downgrading their
sovereign rating to D. No external debt = default. Just
so that oil doesn't climb as we print. They can sell half
a trillion dollars. Hey, we even dared to note in the downgrade
that we do so cause Russia still owns our Fannie notes.
They disposed of those, and I can guarantee they will be
selling the treasuries, whatever is left. #4 CB reserves -g-



To: Jeff Jordan who wrote (382979)3/26/2009 5:09:07 AM
From: Real Man  Read Replies (1) | Respond to of 436258
 
US is "too big to fail" country, which has been running
unsound monetary policy for some time. Too big to fail is
not in fashion anymore, so the World will sell. -g/ng-