Home › Forums › Financial Markets/Economics › How long until US default?
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peterb.
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September 21, 2008 at 2:23 PM #273878September 21, 2008 at 3:07 PM #273590
peterb
ParticipantThey dont need to default, they can just drive the value of the US dollar into the ground. Nothing like paying off a debt that was worth something 10 years ago with dollars that are worthless today. This has been going on a very long time,but rather slowly.
September 21, 2008 at 3:07 PM #273837ParticipantThey dont need to default, they can just drive the value of the US dollar into the ground. Nothing like paying off a debt that was worth something 10 years ago with dollars that are worthless today. This has been going on a very long time,but rather slowly.
September 21, 2008 at 3:07 PM #273842ParticipantThey dont need to default, they can just drive the value of the US dollar into the ground. Nothing like paying off a debt that was worth something 10 years ago with dollars that are worthless today. This has been going on a very long time,but rather slowly.
September 21, 2008 at 3:07 PM #273885ParticipantThey dont need to default, they can just drive the value of the US dollar into the ground. Nothing like paying off a debt that was worth something 10 years ago with dollars that are worthless today. This has been going on a very long time,but rather slowly.
September 21, 2008 at 3:07 PM #273909ParticipantThey dont need to default, they can just drive the value of the US dollar into the ground. Nothing like paying off a debt that was worth something 10 years ago with dollars that are worthless today. This has been going on a very long time,but rather slowly.
September 21, 2008 at 4:07 PM #273612Omega Point
Participant[quote]No, it’s not the same.[/quote]
How is it different?
September 21, 2008 at 4:07 PM #273857Participant[quote]No, it’s not the same.[/quote]
How is it different?
September 21, 2008 at 4:07 PM #273862Participant[quote]No, it’s not the same.[/quote]
How is it different?
September 21, 2008 at 4:07 PM #273905Participant[quote]No, it’s not the same.[/quote]
How is it different?
September 21, 2008 at 4:07 PM #273929Participant[quote]No, it’s not the same.[/quote]
How is it different?
September 21, 2008 at 6:56 PM #273690alarmclock
Participantesmith – you make a good point, thanks.
with apologies to robert frost:
Some say the US will end in inflation;
Some say in deflation.
From what I’ve tasted of desire
I hold with those who favor inflation.
But if it had to perish twice
I think I know enough of hate
To know that for destruction deflation
Is also great
And would suffice.September 21, 2008 at 6:56 PM #273937Participantesmith – you make a good point, thanks.
with apologies to robert frost:
Some say the US will end in inflation;
Some say in deflation.
From what I’ve tasted of desire
I hold with those who favor inflation.
But if it had to perish twice
I think I know enough of hate
To know that for destruction deflation
Is also great
And would suffice.September 21, 2008 at 6:56 PM #273941Participantesmith – you make a good point, thanks.
with apologies to robert frost:
Some say the US will end in inflation;
Some say in deflation.
From what I’ve tasted of desire
I hold with those who favor inflation.
But if it had to perish twice
I think I know enough of hate
To know that for destruction deflation
Is also great
And would suffice.September 21, 2008 at 6:56 PM #273985Participantesmith – you make a good point, thanks.
with apologies to robert frost:
Some say the US will end in inflation;
Some say in deflation.
From what I’ve tasted of desire
I hold with those who favor inflation.
But if it had to perish twice
I think I know enough of hate
To know that for destruction deflation
Is also great
And would suffice. -
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