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The problem is: They won't find that 700B money who wants to buy T bond at 3 or 4%. Japs? Chinese? Arabs? They will walk away.
Sep 25 11:41 am
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All Comments by User 143167 »Pimco's Bill Gross: Bailout Plan Benefits Main Street [View article]
If the Treasury can't bring foreign dollars back into America, this plan will be USELESS!