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


To: bearshark who wrote (9185)11/5/1997 1:58:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 94695
 
Who cares about outstanding debt. As long as you can refinance and roll it for a future date you can party forever. ;-),

This is WS observation to the investor, just buy stocks they are safe high return financial instruments, "because" they are US stocks!!

To bad, that INTC is not following this concept, but today lower prices on INTC are only a rare opportunity to buy more for you 401K of course, it is a "very safe and prudent stock to own" <gggggg>

A CRASH what CRASH, right?? It was a samll V effect and a gift to buy more on the cheap. |=;o)

Tulip Mania?? OH NO not in New York, even if it was once (New) Amsterdam

Happy Trading
Haim



To: bearshark who wrote (9185)11/5/1997 6:30:00 PM
From: IQBAL LATIF  Read Replies (3) | Respond to of 94695
 
US national debt qualifies the strictest available standard set by Bundesbank and Germans for EEU- i.e. the Masthricht convergence criterion- according to this criterion a country whose national debt is 60% of its GDP - fiscal defecit is less then 3% of its rev and long bond yield is with 1.5% of its best performing member qualifies to be a part of very conservative EU- do you know that only country which qualifies fully is US- unfortunately it cannot become a memeber of Union because that is exactly what Europeans want to emulate.
An individual I agree cannot contemplate US $ 1 trillion but a GDP of 9 trillion declared and with addition of undeclared 3 trillion can accumulate this debt- let US retires it debt and world will be grasped in a unique liquidity crisis.



To: bearshark who wrote (9185)11/5/1997 9:30:00 PM
From: tekgk  Read Replies (2) | Respond to of 94695
 
>> 1997 was $22 billion

This is a nonsense number that the congress likes to kick around. It does not include lots of off budget items and it does not include Social Security. Better yet, it does not match the treasury site - subtract total debt for this year from the previous years total. If you do this for the previous 4-5 years you will find that the congress reported numbers are 1/3 to 1/2 of the actual rise in the total debt for most years.