Article: Obama Says U.S. Long-Term Debt Load ‘Unsustainable’

[Eugene]

Current bond market forecast is for the 10-year to pass 5% sometime around 2014.

[aldante]

[quote=Eugene]Current bond market forecast is for the 10-year to pass 5% sometime around 2014.[/quote]

My money is where my moth is on that. Long TBT. My best guess is that will transpire closer to 2011.
As with most things……I could be wrong.

BTW anyone who does not see that there is no difference between the Democrats and Republicans is not looking at the facts…they must be looking at propaganda. We need a real new party in this country…..a second party.

[aldante]

[quote=Eugene]Current bond market forecast is for the 10-year to pass 5% sometime around 2014.[/quote]

My money is where my moth is on that. Long TBT. My best guess is that will transpire closer to 2011.
As with most things……I could be wrong.

BTW anyone who does not see that there is no difference between the Democrats and Republicans is not looking at the facts…they must be looking at propaganda. We need a real new party in this country…..a second party.

[aldante]

[quote=Eugene]Current bond market forecast is for the 10-year to pass 5% sometime around 2014.[/quote]

My money is where my moth is on that. Long TBT. My best guess is that will transpire closer to 2011.
As with most things……I could be wrong.

BTW anyone who does not see that there is no difference between the Democrats and Republicans is not looking at the facts…they must be looking at propaganda. We need a real new party in this country…..a second party.

[aldante]

[quote=Eugene]Current bond market forecast is for the 10-year to pass 5% sometime around 2014.[/quote]

My money is where my moth is on that. Long TBT. My best guess is that will transpire closer to 2011.
As with most things……I could be wrong.

BTW anyone who does not see that there is no difference between the Democrats and Republicans is not looking at the facts…they must be looking at propaganda. We need a real new party in this country…..a second party.

[aldante]

[quote=Eugene]Current bond market forecast is for the 10-year to pass 5% sometime around 2014.[/quote]

My money is where my moth is on that. Long TBT. My best guess is that will transpire closer to 2011.
As with most things……I could be wrong.

BTW anyone who does not see that there is no difference between the Democrats and Republicans is not looking at the facts…they must be looking at propaganda. We need a real new party in this country…..a second party.

[DWCAP]

he he he, this is how the game is played. Now, 3.5 years from now, he can quote himself as saying that he has always been for lower borrowing and that he has pushed and pushed and pushed for it but the “special interests” in Washington just wont allow it and that is why he needs another 4 years in office. To fight for us. To really bring the change, cause 4 years wasnt enough to take on the powers that be. Not really admitting that for the past four years, he and his party WERE the powers that be.
But on the flip side he wont have to really do anything right now, when it may actually matter, cause who is actually listening to him at a town hall meeting in Albuquerque? Have your cake, and eat it too, and screw the next generation, they dont vote.

[DWCAP]

he he he, this is how the game is played. Now, 3.5 years from now, he can quote himself as saying that he has always been for lower borrowing and that he has pushed and pushed and pushed for it but the “special interests” in Washington just wont allow it and that is why he needs another 4 years in office. To fight for us. To really bring the change, cause 4 years wasnt enough to take on the powers that be. Not really admitting that for the past four years, he and his party WERE the powers that be.
But on the flip side he wont have to really do anything right now, when it may actually matter, cause who is actually listening to him at a town hall meeting in Albuquerque? Have your cake, and eat it too, and screw the next generation, they dont vote.

[DWCAP]

he he he, this is how the game is played. Now, 3.5 years from now, he can quote himself as saying that he has always been for lower borrowing and that he has pushed and pushed and pushed for it but the “special interests” in Washington just wont allow it and that is why he needs another 4 years in office. To fight for us. To really bring the change, cause 4 years wasnt enough to take on the powers that be. Not really admitting that for the past four years, he and his party WERE the powers that be.
But on the flip side he wont have to really do anything right now, when it may actually matter, cause who is actually listening to him at a town hall meeting in Albuquerque? Have your cake, and eat it too, and screw the next generation, they dont vote.

[DWCAP]

he he he, this is how the game is played. Now, 3.5 years from now, he can quote himself as saying that he has always been for lower borrowing and that he has pushed and pushed and pushed for it but the “special interests” in Washington just wont allow it and that is why he needs another 4 years in office. To fight for us. To really bring the change, cause 4 years wasnt enough to take on the powers that be. Not really admitting that for the past four years, he and his party WERE the powers that be.
But on the flip side he wont have to really do anything right now, when it may actually matter, cause who is actually listening to him at a town hall meeting in Albuquerque? Have your cake, and eat it too, and screw the next generation, they dont vote.

[DWCAP]

he he he, this is how the game is played. Now, 3.5 years from now, he can quote himself as saying that he has always been for lower borrowing and that he has pushed and pushed and pushed for it but the “special interests” in Washington just wont allow it and that is why he needs another 4 years in office. To fight for us. To really bring the change, cause 4 years wasnt enough to take on the powers that be. Not really admitting that for the past four years, he and his party WERE the powers that be.
But on the flip side he wont have to really do anything right now, when it may actually matter, cause who is actually listening to him at a town hall meeting in Albuquerque? Have your cake, and eat it too, and screw the next generation, they dont vote.

[Arraya]

http://www.businessinsider.com/roubini-china-will-have-the-worlds-reserve-currency-2009-5

Nouriel Roubini has an interesting op-ed in the NYT today that’s actually got very little to do with the financial crisis or the banks or the prospects for a recovery some time in the next year.

It’s about the process that’s already in place for China’s Renmimbi to supplant the US dollar.

First, the conditions definitely seem in place for the Dollar’s status to erode. We’ve got a stunning level of debt, and it’s clear that the rest of the world is growing uneasy about financing it all. We’ve also got deep political problems, notably a Congress that’s been thoroughly captured by special interests, and thus lacks the political will to take real action on anything

[Arraya]

http://www.businessinsider.com/roubini-china-will-have-the-worlds-reserve-currency-2009-5

Nouriel Roubini has an interesting op-ed in the NYT today that’s actually got very little to do with the financial crisis or the banks or the prospects for a recovery some time in the next year.

It’s about the process that’s already in place for China’s Renmimbi to supplant the US dollar.

First, the conditions definitely seem in place for the Dollar’s status to erode. We’ve got a stunning level of debt, and it’s clear that the rest of the world is growing uneasy about financing it all. We’ve also got deep political problems, notably a Congress that’s been thoroughly captured by special interests, and thus lacks the political will to take real action on anything

[Arraya]

http://www.businessinsider.com/roubini-china-will-have-the-worlds-reserve-currency-2009-5

Nouriel Roubini has an interesting op-ed in the NYT today that’s actually got very little to do with the financial crisis or the banks or the prospects for a recovery some time in the next year.

It’s about the process that’s already in place for China’s Renmimbi to supplant the US dollar.

First, the conditions definitely seem in place for the Dollar’s status to erode. We’ve got a stunning level of debt, and it’s clear that the rest of the world is growing uneasy about financing it all. We’ve also got deep political problems, notably a Congress that’s been thoroughly captured by special interests, and thus lacks the political will to take real action on anything

[Arraya]

http://www.businessinsider.com/roubini-china-will-have-the-worlds-reserve-currency-2009-5

Nouriel Roubini has an interesting op-ed in the NYT today that’s actually got very little to do with the financial crisis or the banks or the prospects for a recovery some time in the next year.

It’s about the process that’s already in place for China’s Renmimbi to supplant the US dollar.

First, the conditions definitely seem in place for the Dollar’s status to erode. We’ve got a stunning level of debt, and it’s clear that the rest of the world is growing uneasy about financing it all. We’ve also got deep political problems, notably a Congress that’s been thoroughly captured by special interests, and thus lacks the political will to take real action on anything

[Author]

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