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4plexowner
Participant“the banks are floating under 200 trillion of garbage CDS and derivatives”
the number is more like a quadrillion – I have seen analysts place it as high as 1.4 quadrillion
but what’s a few hundred trillion bucks one way or the other?
4plexowner
Participant“the banks are floating under 200 trillion of garbage CDS and derivatives”
the number is more like a quadrillion – I have seen analysts place it as high as 1.4 quadrillion
but what’s a few hundred trillion bucks one way or the other?
4plexowner
Participant“the banks are floating under 200 trillion of garbage CDS and derivatives”
the number is more like a quadrillion – I have seen analysts place it as high as 1.4 quadrillion
but what’s a few hundred trillion bucks one way or the other?
4plexowner
Participant“the banks are floating under 200 trillion of garbage CDS and derivatives”
the number is more like a quadrillion – I have seen analysts place it as high as 1.4 quadrillion
but what’s a few hundred trillion bucks one way or the other?
4plexowner
Participant“US does not have Argentina problem since the debt is not in foreign currency.”
yes, in Pollyanna-ville foreigners continue to buy US debt from here to eternity and we all live happily ever after
edit: in reality, however, foreigners have already stopped buying US debt which is why the Fed had to buy 47% of the recent debt auction!
4plexowner
Participant“US does not have Argentina problem since the debt is not in foreign currency.”
yes, in Pollyanna-ville foreigners continue to buy US debt from here to eternity and we all live happily ever after
edit: in reality, however, foreigners have already stopped buying US debt which is why the Fed had to buy 47% of the recent debt auction!
4plexowner
Participant“US does not have Argentina problem since the debt is not in foreign currency.”
yes, in Pollyanna-ville foreigners continue to buy US debt from here to eternity and we all live happily ever after
edit: in reality, however, foreigners have already stopped buying US debt which is why the Fed had to buy 47% of the recent debt auction!
4plexowner
Participant“US does not have Argentina problem since the debt is not in foreign currency.”
yes, in Pollyanna-ville foreigners continue to buy US debt from here to eternity and we all live happily ever after
edit: in reality, however, foreigners have already stopped buying US debt which is why the Fed had to buy 47% of the recent debt auction!
4plexowner
Participant“US does not have Argentina problem since the debt is not in foreign currency.”
yes, in Pollyanna-ville foreigners continue to buy US debt from here to eternity and we all live happily ever after
edit: in reality, however, foreigners have already stopped buying US debt which is why the Fed had to buy 47% of the recent debt auction!
4plexowner
Participant“It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.”
what?
we’re going to back our currency and bonds with US real estate? manufacturing facilities? energy plants / distribution systems? mines and mills?
4plexowner
Participant“It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.”
what?
we’re going to back our currency and bonds with US real estate? manufacturing facilities? energy plants / distribution systems? mines and mills?
4plexowner
Participant“It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.”
what?
we’re going to back our currency and bonds with US real estate? manufacturing facilities? energy plants / distribution systems? mines and mills?
4plexowner
Participant“It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.”
what?
we’re going to back our currency and bonds with US real estate? manufacturing facilities? energy plants / distribution systems? mines and mills?
4plexowner
Participant“It does not have Zimbabwe’s problem because U.S. is valuable for many reasons and has plenty of attractive assets for international buyers to back its currency.”
what?
we’re going to back our currency and bonds with US real estate? manufacturing facilities? energy plants / distribution systems? mines and mills?
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