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why would any foreign creditor actually believe that the US can pay off its debts when its even larger than China's reserves?

The Fed will come to rescue

Equity mkts wont move much for all mainly owned by CBs

How is it even legal to do that to begin with?

One go to war so to obtain some gain so the defeated mst concede something

to the Iranians the US is most dangerous

You sh not be so fixated on 10%. No one knows what the rate will be until tried out thats why there is interest rate trading, also why the banks rather put their funds to trading then retail lending. Its the cure that one sh seek not dogmatic theory or number in this instance

in any organizations there are those that truly believe they are doing good or could even be true a long time ago, but nowadays, just based on the actions of the fed, it does look like a grand calculated scheme to siphon the country's wealth to certain concentrated groups, boom or bust are used...

remember David Dreman author of new contrarion, who champions looking at PE and sorts, later got fired by Deutsche during the credit crunch because he bought too much of AIG thinking its cheap then the cheap got cheaper ...

C$ is not a reserve currency, 2) Bank of C doesnt do stuff like giving away taxpapers $ tobanks and camouflaging it with fancy moves like lending close to zero and paying higher T rates

Is that what people r doing buying assets to get rid of US dollars?

Obama is not a Statist, he just have an empty head, a marketing person not a manager, doesn't know a single thing which all the special interest groups are just to happy to have him there while they plunder and run round and round him and he applauds

not to mention indirect tax already from QE, tax to death?

f***, this world has some really funny people!!!

consumed by fire may not be so improbable, considering humans might try to nuclear each other out, all u need is a trigger

so it takes 4 billion years and everything goes off with a gigantic fart, sounds like something from hitchhiker's guide to the galaxy

doesn't methane and the list of poisonous gases escape during a volcanic eruptions? so what is so spectacular about this one?

just reminded me the bible said something abt end of days being near when kids/bros turn against parents or other way round, not that i believe in the bible anyway

being a good father is not that easy :D u can guide them but does not mean they necessary take your advice, kids can be real bums nowadays, kind of wonder whether its the parents fault, society or the media, ha, what a mess society turn out to be

the only smart phds and with integrity i've come across are in physics and hard sciences. i met 2 crap phds not just in knowledge but also in character and they are both in econs