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To: NucTrader who wrote (399796)1/20/2010 5:23:04 PM
From: Real Man  Respond to of 436258
 
As long as they don't invent gold printing press, yes, but
we may see a buying opportunity amidst public confusion
about what's really going on.

All kinds of animals are in the markets these days, but,
in general, there are too many bulls. I have always been
a bug -g-



To: NucTrader who wrote (399796)1/20/2010 5:40:20 PM
From: Real Man  Respond to of 436258
 
We are very rapidly getting to the rummy stage. Once
this debt limit is reached, US Federal debt will be above 100%
of GDP -g-

"Senate Democrats have proposed permitting the federal government
to borrow an additional $1.9 trillion to pay its bills. That
would permit the national debt to reach $14.3 trillion."

news.ino.com

Our GDP is $14,242.1 Trillion.

If the whole Globe defaults, then who bails everyone out? <G>


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