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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (6538)7/1/2010 12:56:36 PM
From: NOW  Respond to of 222736
 
1. The building up of unsustainable debt loads is a commonplace in history. There are several standard means of resolving the problem: execute the lenders, exile them, default outright or simply renegotiate to achieve partial default and low interest rates.

2. There is no example of a nation become rich by paying its debts.
J R SAUL



To: Real Man who wrote (6538)7/1/2010 3:38:07 PM
From: Wayners  Read Replies (1) | Respond to of 222736
 
Sorry for coming in, in the middle of this discussion about resets. Which country are we talking about defaulting? I can see S%P 500 getting down to 600 to 700 range gradually going forward just based on technicals.


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