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US's triple-A credit rating 'under threat'
- Thread starter Cdntrader
- Start date
Quote from daddyeaux:
the most expensive pile of paper around is the 10 - 30 yr US Tres. imho
What if the forward looking inflation rates for the next 10 yrs are negative and we have a 3 year slowdown accompanied by a large drop in corporate earnings? Not to mention short term yields settling at under 3%. Are treasuries so expensive paying 4.3%? I think they might still have price upside at 3% yields if that scenario is correct.
'cut benefits and raise retirement age'
you sound like an unapologitic republiscum!
how about cut defense budget by $100B a year, encourage more exports even at break even profits, ask europeans to chip in more for their defense, encourage green energy alternatives, allow cheaper but quality controlled drugs from Asia to reduce health costs, reduce prison expenditures, increase taxes on ultra profitable companies like Oil firms in the last 5 years.
you sound like an unapologitic republiscum!
how about cut defense budget by $100B a year, encourage more exports even at break even profits, ask europeans to chip in more for their defense, encourage green energy alternatives, allow cheaper but quality controlled drugs from Asia to reduce health costs, reduce prison expenditures, increase taxes on ultra profitable companies like Oil firms in the last 5 years.
Quote from toc:
'cut benefits and raise retirement age'
you sound like an unapologitic republiscum!
how about cut defense budget by $100B a year, encourage more exports even at break even profits, ask europeans to chip in more for their defense, encourage green energy alternatives, allow cheaper but quality controlled drugs from Asia to reduce health costs, reduce prison expenditures, increase taxes on ultra profitable companies like Oil firms in the last 5 years.
i also agree. cut defense as much as possible.
and i vote democrat.. heheh.
but i'm not sure if i agree on taxing the oil firms.. their margins are in line...
I'd much rather tax SUVs and gasoline itself.. how about a $10k tariff to buy an SUV or any vehicle below 25mpg from henceforth -- fix the problem at the consumption side to kill the oil price.
If you add another tax to gasoline, it will reduce demand considerably. This demand reduction will partially offset the extra 'cost' to the end user, and will set a lower quantity supplied equilibrium.
Do I sound republican now?
Throwing Iraq war out of the equation.............first thing US has to do is to balance its $500B odd COMBINED deficits of all sorts.
Then only seek another $270B from somewhere.................to finance the 9T debt which at even 3% annually amounts to $270B.
So basically it is nearly $1T from 'cuts or revenues' is needed to make any accounting sense.............economic sense creeps fraud, deception and deciet of the common people and long term interests. I guess economics is one art where by convincing arguments can be made for each side of the problem.
Then only seek another $270B from somewhere.................to finance the 9T debt which at even 3% annually amounts to $270B.
So basically it is nearly $1T from 'cuts or revenues' is needed to make any accounting sense.............economic sense creeps fraud, deception and deciet of the common people and long term interests. I guess economics is one art where by convincing arguments can be made for each side of the problem.
Quote from toc:
'cut benefits and raise retirement age'
you sound like an unapologitic republiscum!
how about cut defense budget by $100B a year, encourage more exports even at break even profits, ask europeans to chip in more for their defense, encourage green energy alternatives, allow cheaper but quality controlled drugs from Asia to reduce health costs, reduce prison expenditures, increase taxes on ultra profitable companies like Oil firms in the last 5 years.
Higher taxes and idealism will raise the US credit rating.... LOL... and quality from Asia means China?? LOL, they don't know what that is, try eating at a Chinese restaurant in the US where we have "quality control"...... LOL... and cut loose some criminals... oh yeah, and no-profit businesses are going to thrive.......you're presumably allowed to vote or do they let you out on those days?
If Moody's traded or put their money behind their ratings they would have gone under in 2007.
2 Year Treasuries are market priced at 2.51%. Is there any paper on the planet higher rated than that? At 5.5% they would still be AAA.
Maybe in the 1980s when they were trading at over 15% they should have cut their rating?
Am i missing something?
2 Year Treasuries are market priced at 2.51%. Is there any paper on the planet higher rated than that? At 5.5% they would still be AAA.
Maybe in the 1980s when they were trading at over 15% they should have cut their rating?
Am i missing something?
Millions of people work from the military system, result: unemployment.Quote from toc:
how about cut defense budget by $100B a year,
Export what? Pornography? Drug addicts? Pensioned retirees?Quote from toc:
encourage more exports even at break even profits,
Shift jobs from the USA to Europe? To start with, europeans dont want to work at all.Quote from toc:
ask europeans to chip in more for their defense,
Green energies would be another dotcom bubble, they make money off investors, not money TO the investors.Quote from toc:
encourage green energy alternatives,
More unemployment in the USA.Quote from toc:
allow cheaper but quality controlled drugs from Asia to reduce health costs,
Again more and more unemployment.Quote from toc:
reduce prison expenditures,
And there will be no investment in new oil fields; so, in a few years, oil will get to $200 because of severe production shortages.Quote from toc:
increase taxes on ultra profitable companies like Oil firms in the last 5 years.