Friday, October 28, 2011

Popularity of our Debt/Dollar Waining?

We have been extracting wealth from our printing presses for decades, but eventually that fraudulent game is up. The question is when. The PIIGS are being kept in the union because otherwise they will default through the printing press. We, on the other hand have had several rounds of QE and not been disciplined for it yet, but eventually the "gods of the copybook headings with terror and vengeance return". I just pray the smooth tonged (political and financial) wizards will not simply own it all when it is all said and done.
Foreigners Sell Second Largest Amount Of US Bonds Ever In Past Week, Record $93 Billion In US Paper Sold In Past 2 Months | ZeroHedge:: www.zerohedge.com/news/foreigners-sell-second-larg...st-2-
http://chumly.com/n/d6401a

No comments: