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


To: pogohere who wrote (72927)4/8/2011 8:26:42 PM
From: TobagoJack  Read Replies (1) | Respond to of 218621
 
the writer of that sentence is the private banker writing to a person in bracket of mid-number followed by 9 zeros, 50% in listed biz. the writer works for bulge-bracket bullion/private/investment bank out of the alps.



To: pogohere who wrote (72927)4/9/2011 3:33:40 AM
From: elmatador  Read Replies (1) | Respond to of 218621
 
Does Washington differs from Lisbon? "Congress somehow missed what its own Congressional Budget Office is indicating? CBO’s baseline budget updates suggest the date for reaching what Carmen Reinhart, Kenneth Rogoff and other prominent economists believe is a critical insolvency threshold -- a 90 percent ratio of federal debt held by the public to gross domestic product -- has moved four years closer, in just nine months!"

Uncle Sam’s creditors will soon start charging exorbitant interest rates -- like those Greece, Ireland and Portugal now face. The market’s concern with those countries’ bonds is outright default, which is unlikely in the U.S. What is likely is rising inflation as the Federal Reserve continues to print vast quantities of money to help pay the Treasury’s bills.

bloomberg.com