SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Stingray who wrote (1753)12/4/1997 9:39:00 PM
From: Real Man  Respond to of 5676
 
<I find it hard to swallow the argument that the US is immune from the currency crisis, it's not clear that we will be able to fund the still increasing national debt from overseas any more

I do also, but so far the buck, along with British pound, it appears,
is considered safe heaven.

pacific.commerce.ubc.ca

-Vi



To: Stingray who wrote (1753)12/4/1997 9:57:00 PM
From: tekgk  Read Replies (2) | Respond to of 5676
 
>> Do you think that a payment to the IMF bailout fund could account for the sudden jump?

Actually, the deficit on a day to day basis jumps all over the place. I would guess that IMF loans would turn up as debt on the Treasury site unless they are like Social Security and have special (bogus) IOU's issued by some gov't agency rather than the Treasury itself. However, on a monthly or yearly basis the Treasury debt just keeps climbing at 2-4 times the pace of the official budget deficit touted by the president and/or the Congress in the press.