Three lunchtime reads: 1) Preparing for the unthinkable: Could markets handle a U.S. default? 2)...

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Gary Jakacky Comments (1859)
 
(1) Lets hope the US writes off massive amounts of its debt, especially to china. Interest rates will be higher on new bonds, but this is exactly what the treasury needs: to realize its true cost of borrowing.

(2) Peak oil is long dead. Not it is, "Peak? OIL!"

(3) Attempts to pry Britain and Germany out of the EU (which would destroy it) should be an American economic, political, diplomatic and military objective.
18 Jan, 01:10 PM Reply Like