Yep. line up the foreign bag holders. If you want to manipulate your currency to defend your economy then you get lots of bad bad US debt. Congratulations.
These stupid FCB's and governments think they can just delay the inevitable by constanting buying agencies or treasuries to keep there currencies where they want to. Therefore, the world is growing, but getting even more imbalanced at the sametime.
right. How do we expect to have a stable monetary system with these kind of crap ideas?
We can't have goverments as dominate players in the capital markets. The private sector is the only area that can judge market risk or else we end up with complete central planning.
U.S. Urges China to Buy Mortgage Securities Amid Subprime Woes
July 13 (Bloomberg) -- The U.S. is urging China's central bank to buy more mortgage-backed securities after a surge in defaults by risky borrowers in the world's largest economy eroded demand for such instruments.
''It's not a...
Bond yields just aren't high enough to cause any kind of switch from stocks to bonds. Only stupid FCB are willing to own bonds at the current rates.
Inflation has to keep increasing to keep servicing all the debt. A constant monetization process resulting in even more credit and debt...
HF's and PE are without a doubt benefiting from very generous lending terms made possible by EM's, asia, and the oil exporters. Those low rates have provided a lot of capital gains which benefit HF's, PE, and wealthy owners of capital. The trade off is manufacturing and labor has been...
I come from a very well off suburb in Chicago. Average price homes are from 1.3 million and up. And there are houses for sell on every street. I have never seen anything like it. Therefore anyone who thinks that this is just an issue for the poor are wrong. There are wealthy people that...
Something is not right outthere in stock land. The tick just does not act the way it used to when real buy the dipppers came in. Very few spikes over a thousand. Anyone else notice the samething?
"Here's a 'realistically calibrated model:' STOP PRINTING SO MUCH @#$#@$#@$ MONEY!!!!"
Agreed. At some point the dollar debasement in order to bailout asset holders is going to be a real big political issue.
February 27th was a stark reminder of what can happen. That was a cascading waterfall, program trading disaster. Anyone read Barton Biggs article on msn?