Seeking Alpha

Gaucho » Comments » Single Comment |

  • Bond Bubble Coming to an End? Prepare for the Bust [View article]
    Government buying its own debt?

    What the hell does that mean? I guess we could run a hundred trillion dollar debt and it will be all right since the government will be buying it.

    I think that you are either talking about digital printing of money or taking on a huge amount of debt service paid buy you and me.

    I believe that the author is correct we have reached an inflection point. The foreigners are not able and unwilling to buy more debt. This will not have a happy ending for the owners of this debt. I have hear estimate government is taking on a liabilities as high as 9 trillion or more. This is third world country actions and even the dollar and the US bonds will break under this pressure.
    Dec 03 12:45 pm |Rating: 0 0
All Comments by Gaucho »
Comments by Ticker
Gaucho's
Comments Stats
157 comments
Rating: 35 (75 - 40 )