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


To: elmatador who wrote (74997)6/8/2011 11:49:51 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 219762
 
China already trying to get out of US debt... especially at short end.. net holding down 5 straight months...



To: elmatador who wrote (74997)6/8/2011 8:41:19 PM
From: TobagoJack2 Recommendations  Read Replies (4) | Respond to of 219762
 
it is not clear to me that china is 'fearful' of any temporary usa default of the technical sort, because they must figure that event as just another milestone on the journey towards teotwawki dawn

it is we who must be fearful of the technical default, for that event is a must before team usa embarks on hyper inflationary save the nation hail mary resolution, which would of course also mean that

- paper monies start dying in groups of 3 and bunches of 6
- gold is tee-up as money, and
- those who had been playing gold like a fiddle over the past lovely decade would have to figure out the next trade-of-the-decade

as the outcome is unavoidable, i just hope we get to see it while we are still able to navigate for our families and can advise our friends. i want my kids to be able to start life with most macro problems behind them.

i think these are dangerous times for the aged and the young. the former have no wherewithal to navigate and no time to recover, and the latter shouldn't have to start life charging into the macro headwind about which they cannot possibly know to game.

and so it is up to us, young enough to be agile, old enough to know what we are up against.

to fight the evil, and to win against same evil.