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August 8, 2011 at 10:13 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #715978August 8, 2011 at 10:13 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716068
carlsbadworker
Participant[quote=SD Realtor]I agree with Econ but over a long period of time. Lets call it like it is, we are NOT Greece…
We are way way worse off then Greece but everyone is willing to keep on playing charades with us so we can go skipping along.
[/quote]How are we worse than Greece? The only issue US has is the entitlements (social security and medicare), which must be reformed. Otherwise, other debt in US are all in US dollar, and the Federal Reserve can just keep printing our debt away.
August 8, 2011 at 10:13 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716668carlsbadworker
Participant[quote=SD Realtor]I agree with Econ but over a long period of time. Lets call it like it is, we are NOT Greece…
We are way way worse off then Greece but everyone is willing to keep on playing charades with us so we can go skipping along.
[/quote]How are we worse than Greece? The only issue US has is the entitlements (social security and medicare), which must be reformed. Otherwise, other debt in US are all in US dollar, and the Federal Reserve can just keep printing our debt away.
August 8, 2011 at 10:13 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #716818carlsbadworker
Participant[quote=SD Realtor]I agree with Econ but over a long period of time. Lets call it like it is, we are NOT Greece…
We are way way worse off then Greece but everyone is willing to keep on playing charades with us so we can go skipping along.
[/quote]How are we worse than Greece? The only issue US has is the entitlements (social security and medicare), which must be reformed. Otherwise, other debt in US are all in US dollar, and the Federal Reserve can just keep printing our debt away.
August 8, 2011 at 10:13 AM in reply to: OK, we are down graded: AA+ (Still a long way from F+ guys) #717180carlsbadworker
Participant[quote=SD Realtor]I agree with Econ but over a long period of time. Lets call it like it is, we are NOT Greece…
We are way way worse off then Greece but everyone is willing to keep on playing charades with us so we can go skipping along.
[/quote]How are we worse than Greece? The only issue US has is the entitlements (social security and medicare), which must be reformed. Otherwise, other debt in US are all in US dollar, and the Federal Reserve can just keep printing our debt away.
carlsbadworker
ParticipantIncome is not an issue here, liquidity is more important. Unlike corporate bond, mortgage payment won’t rise when you lose your job/income. It depends on how many months you can live without getting a single paycheck anywhere.
carlsbadworker
ParticipantIncome is not an issue here, liquidity is more important. Unlike corporate bond, mortgage payment won’t rise when you lose your job/income. It depends on how many months you can live without getting a single paycheck anywhere.
carlsbadworker
ParticipantIncome is not an issue here, liquidity is more important. Unlike corporate bond, mortgage payment won’t rise when you lose your job/income. It depends on how many months you can live without getting a single paycheck anywhere.
carlsbadworker
ParticipantIncome is not an issue here, liquidity is more important. Unlike corporate bond, mortgage payment won’t rise when you lose your job/income. It depends on how many months you can live without getting a single paycheck anywhere.
carlsbadworker
ParticipantIncome is not an issue here, liquidity is more important. Unlike corporate bond, mortgage payment won’t rise when you lose your job/income. It depends on how many months you can live without getting a single paycheck anywhere.
carlsbadworker
Participant[quote=walterwhite]In the long term, we are all dead.[/quote]
Unless you become a vampire.
carlsbadworker
Participant[quote=walterwhite]In the long term, we are all dead.[/quote]
Unless you become a vampire.
carlsbadworker
Participant[quote=walterwhite]In the long term, we are all dead.[/quote]
Unless you become a vampire.
carlsbadworker
Participant[quote=walterwhite]In the long term, we are all dead.[/quote]
Unless you become a vampire.
carlsbadworker
Participant[quote=walterwhite]In the long term, we are all dead.[/quote]
Unless you become a vampire.
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