2008-12-17 — blogspot.com
"PhD economist Marc Faber said in a recent interview that the last bubble to crash will be in long-term U.S. treasury bonds. Indeed, Faber has suggested shorting long-term treasuries at just the right moment. (He also is confident that - sooner or later - the U.S will go bankrupt)."
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tvsterling at 21:42 2008-12-18 said:
I had this thought while reading this of a waveform being over corrected & getting wilder & wilder. I am personally very pissed off because my savings are in bank CDs. This business of solving the mess on the backs of the financially prudent has got to stop. If the stresses in a machine get wilder & wilder like that the machine breaks. God forbid this post comes true. Permalinkfollowingthemarket at 23:54 2008-12-18 said:
How can we go bankrupt when our country issues its own money? I.E. if we need $500 we make $500 for ourselves. Not even Madoff could come up with a Ponzi Scheme like this one. Permalinkadd a comment | go to forum thread
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