Totally Disconnected: US Government Risk, Ratings, Bonds and Equities [View article]
i don't think they will buy equities but they might get around to refinancing everyone's mortgage to below 3%, so we along with citi and others can get a fresh start on consuming - and with the baby boomers hunkering down and the rest of the consuming world lagging us i think 30 yr mort below 3% a necessity albeit in increments.
boy did this title hit a nerve. haven't read the comments yet, game starts back shortly, but... our currency and wellbeing is a relative thing, relative to others and we have untill china takes over before we have to worry about our place in the world. next i think there isn't much 1 trillion dollars will do to encourage baby boomers to indulge in greed again , thats for the next generation. i am worried about deflation and if, thats neither big or small cause i don't know, the trillion and the lining of pockets that will absolutely happen keep us from deflation and a depression then my 4 children can pay for my mistakes later. i think the remainder of the world will overinflate more than us and it's the relative inflation that matters so we should stay out of a depression ( i hope )
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Totally Disconnected: US Government Risk, Ratings, Bonds and Equities [View article]
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next i think there isn't much 1 trillion dollars will do to encourage baby boomers to indulge in greed again , thats for the next generation. i am worried about deflation and if, thats neither big or small cause i don't know, the trillion and the lining of pockets that will absolutely happen keep us from deflation and a depression then my 4 children can pay for my mistakes later. i think the remainder of the world will overinflate more than us and it's the relative inflation that matters so we should stay out of a depression ( i hope )