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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: willcousa who wrote (56662)6/23/2012 3:27:51 PM
From: Sam2 Recommendations  Respond to of 95415
 
OT--
When the actuaries came up with the $36t number, they were taking into account the aging population. A rise in interest rates is one risk, which is one reason why treasury ought to be selling more 10 and 30 year bonds (although they also want to keep mortgage rates down, which mitigates against that right now). But the fact is, the US is far from alone in this. We have a world wide debt bubble, and there are reasons why the US and Japan have the lowest rates among large economies, despite large debt loads. At least for the moment. A bad situation would be much better if we didn't have hyperbole, though.