How Obama Could Beat The Debt Ceiling
- Thread starter pspr
- Start date
Any president worth two dead flies wouldn't be scheming to "beat" the debt ceiling.
it is obvious the Fed in cahoots with congress and president are trying to create a bubble both an asset bubble and an interest rate bubble to get from underneath the debt obligations of the US.
it will end badly because it always does. enjoy the party and then join the party(the socialist party or whatever they will call it because when the crash comes you will want to get your share of what little is left i.e.USSR before its collapse.
it will end badly because it always does. enjoy the party and then join the party(the socialist party or whatever they will call it because when the crash comes you will want to get your share of what little is left i.e.USSR before its collapse.
I can see how a concerted effort to keep interest rates low (a bond bubble more than an interest rate bubble) keeps the Treasury from paying higher interest rates on the debt that could end in collapse. But, I don't see how an asset bubble (stocks and bonds only?) helps to reduce the debt or value of the debt without including overriding high inflation which we have yet to see.
Quote from RCG Trader:
I said I might not be posting. Instead, I stayed and started a journal.
Watching the desperation in some of you guys is really fascinating!
So, okay, pspr. Let the pubs threaten a default, and watch what happens.
Since you obviously lost december.
Fine then , you can try to see if you have better luck against my performance this month (Jan 13) too.