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yes, i did stretch it a bit but approach is the same, this is essentially the way, the US gov't is no diff from a co., for a co. thats what u do in a debt restructuring, at one time there were fancy names like "resurrection." i can understand your initial disbelief, i've seen it before in the...

u mean ordinary US citizens, u think the gov't needs u? think again

i just thought of a diabolical way out, change the name of USA to New USA, do a swap of 1 mil old US T bond for 1 New US T bond, a currency swap of 1 mil old US dollar for 1 New US dollar, voila, all solved, no more doomsday, only loosers are the ones holding dollars and t bonds, the wealthy US...

Quite surprised no media report this sooner until the full damage is done

more indicative of the level of stress in the someone's life, i know a fund mgr who is an absolute ass

U haven't the slightest idea how capitalistic top officials there are that u be shocked

the king makers will remain the same?

since when it even stop at the initial proposed amount

sh*t, makes me feel like joining the military too

u only have to examine how much your electricity bill or your groceries has inflated in recent years and u will feel pain instantly

ride on the Fed's tailcoat

the question a lot would like to know is why? who are the power brokers?

perhaps that was the goal all along

Rich people tend to be full of self importance so having compassion is unlikely, its a sickness that comes with wealth not a character defect, once u become rich u act that way

funny how US can offer aid to foreign disaster victims but can't afford libraries at home, or billions to compensate stockholders losses and try to prop up the markets indefinitely hoping that investors be the last sucker while its local gov't can't pay its debts, corporates reporting record...

move to Nebraska

u can always pay the cop

hang seng index is manipulated, the market makers has to wipe out all the recent shorts, afterall the exchange makes its money from market makers. there is also a close collaboration between gov't and business leaders, up market is good for stability, heard of the recent case of the niece of a...

has anyone done any exhaustive study into history whether any country managed to spend like there is no tomorrow and live?

hangseng market cap is smaller, easier to support if you are trying to prop up markets