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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (53485)	10/15/2013 1:41:20 PM
From: ggersh	1 Recommendation Recommended By John Read Replies (3) \| Respond to of 71445

And that is the story, albeit a tragedy. -nfg- Yep, derivatives are designed to lose money for clients. If they don't, systemic crisis is here, call Bernank for help! -s-

To: Real Man who wrote (53485)	10/15/2013 1:47:46 PM
From: Slumdog	1 Recommendation Recommended By maceng2 Respond to of 71445

>>Yep, derivatives are designed to lose money for clients.<< Ya gotta be a market taker, not a market maker. -g-

To: Real Man who wrote (53485)	10/15/2013 8:45:20 PM
From: John	Read Replies (1) \| Respond to of 71445

If we assume that neither chamber of Congress advances a bill in time to avert a debt default -- and I do recognize that the Thursday deadline is, in fact, a soft one -- does POTUS have the legal authority to declare that debt payments to bond holders are a matter of "national security"? If so, I could imagine a scenario where POTUS issues an Executive Order to that end, effectively usurping the official debt limit. An executive order declaring an issue as a "matter of national security" has very broad implications and corresponding powers to apply it. Regardless, nothing that they do should remotely surprise anyone anymore.