"The Treasury auctions continue. While bonds are getting sold, the results in the aftermarket for them haven't been good. There are more bonds to be sold than you can shake a stick at which is why many want to short."
Indeed. The rest of the world has woken up to the fact that America is bankrupt in every sense of the word. Can't really blame them for that.
China is on a buying spree in an attempt to unload their $2T reserves before the dollar collapses or is seriously devalued.
Few outside America are buying America's bull anymore. Sooner rather than later no one will.
Anyway one looks at it there is nothing that can be done to stop the inevitable total collapse. No incremental solution. No all encompassing solution. Any thoughts to the contrary are simply the worst of lies. Those being the lies one tells oneself.
Almost 30 years of Ronnie Ray Gun tinkle down economics coupled with the wrongheaded belief that government is the problem have brought the worlds economies to bankruptcy. Prima facie evidence that less government, less regulation and unbridled greed comprise a failed religion many refer to as capitalism.
Thursday Outlook: Commodities, Emerging Markets [View article]
"The Treasury auctions continue. While bonds are getting sold, the results in the aftermarket for them haven't been good. There are more bonds to be sold than you can shake a stick at which is why many want to short."
Indeed. The rest of the world has woken up to the fact that America is bankrupt in every sense of the word. Can't really blame them for that.
China is on a buying spree in an attempt to unload their $2T reserves before the dollar collapses or is seriously devalued.
Few outside America are buying America's bull anymore. Sooner rather than later no one will.
Could the Dow Reach 4000? [View article]
On Feb 23 09:46 AM pacman1947 wrote:
>
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> Of course, some completely alien event may change this without warning.
Could the Dow Reach 4000? [View article]
Wednesday Outlook: Commodities, Emerging Markets [View article]
Wednesday Outlook: Commodities, Emerging Markets [View article]
Friday Outlook: Commodities, Emerging Markets [View article]
Tuesday Outlook: Commodities, Emerging Markets [View article]