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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (66371)9/23/2010 7:23:13 PM
From: TobagoJack  Read Replies (1) | Respond to of 217618
 
your math is wrong

the usa financing needs are not really about financing imports

the usa cannot exist as is without financing, either from external or internal sources

the usa has effectively nil internal sources left

the usa needs continuous transfusion, either by way of secret weapon or from foreigners

the disease is well advanced

it is just math.



To: KyrosL who wrote (66371)9/23/2010 7:28:17 PM
From: TobagoJack  Respond to of 217618
 
same logic for team japan, between just transfer payments and debt service, japan is already at deficit, never mind education, healthcare, defense, and whatever else

japan, starting this year, is tapped out in so far as true incremental savings go, must start to drawdown its external investment (how do you do that with bricks and cement?), or accept china jgb purchase and bitch a lot, or print and march bravely towards utter destruction of its middle class majority

it is also just math.

we are past an inflection point and in very much uncharted paper

so, again, kyrosl, i implore you to save yours and yourself

do something but do not argue with the math

we can fuss over the numbers later