And have never had it....
Yes, I used a smidgeon of hyperbole, but with rollover of 1/30th existing debt each month(Average maturity has been reported to be 30 months) AND new borrowing of around $150 billion a month, no one has been able to show me how foreigners are funding $450 billion a month debt rollover and new issuance, with total trade surpluses of $800 billion a year.
Until someone does so, it is my assumption that the Fed is creating $USD with ephemeral electrons to buy the lion's share of $US debt issuance.
The game is up. Too many realize what is going on now.
We are at the point where people with $USD savings want physical assets because the IMF is right - there cannot be more bailouts AND THAT INCLUDES FDIC.
............................................................................
The above comment nails it....
So the audit will make clear that the majority of US needs
are simply being accounted for by printing....
It is utterly incredible how interest rates can be 0%....
............................................................................
How long will other countries trade something for nothing ?
There are going to be higher interest payment demands....
In the the meanwhile.....BUBBLES bubble away....
How can the Crony Polys look at themselves in the mirror ????
It is as if the Fed lies as long as it takes.....
Question is....To do what ????
Take care of who ????
http://globaleconomicanalysis.blogs...lysis+(Mish's+Global+Economic+Trend+Analysis)
Yes, I used a smidgeon of hyperbole, but with rollover of 1/30th existing debt each month(Average maturity has been reported to be 30 months) AND new borrowing of around $150 billion a month, no one has been able to show me how foreigners are funding $450 billion a month debt rollover and new issuance, with total trade surpluses of $800 billion a year.
Until someone does so, it is my assumption that the Fed is creating $USD with ephemeral electrons to buy the lion's share of $US debt issuance.
The game is up. Too many realize what is going on now.
We are at the point where people with $USD savings want physical assets because the IMF is right - there cannot be more bailouts AND THAT INCLUDES FDIC.
............................................................................
The above comment nails it....
So the audit will make clear that the majority of US needs
are simply being accounted for by printing....
It is utterly incredible how interest rates can be 0%....
............................................................................
How long will other countries trade something for nothing ?
There are going to be higher interest payment demands....
In the the meanwhile.....BUBBLES bubble away....
How can the Crony Polys look at themselves in the mirror ????
It is as if the Fed lies as long as it takes.....
Question is....To do what ????
Take care of who ????
http://globaleconomicanalysis.blogs...lysis+(Mish's+Global+Economic+Trend+Analysis)
