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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (92263)	1/12/2010 6:01:05 PM
From: Real Man	2 Recommendations Read Replies (2) \| Respond to of 94695

Yep, although technically the govt. can buy it's own debt. I know this sounds silly, but that's what they did this year. In the govt. it's all about the govt. program - in this case, the program to provide low interest mortgages. So, Hell will freeze before rates go up, although there are times when fearful investors overwhelm this objective. Them silly folks fear when govt. prints money to finance itself. That's when you get fiscal/funding crisis. -g-