John Mauldin still can't figure out where all that money is supposed to come from: "I don't...
John Mauldin still can't figure out where all that money is supposed to come from: "I don't think the U.S. can find $2T this year and then come back to the well for another $1.5T next year without serious disruption in the markets. Where do you find that much money when all the rest of the world also wants to borrow massive amounts?"
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Comments (4)
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f
frosty
13 Jul. 2009
Here's how it works: I lend you a hundred, you lend someone else a hundred, who lends it to me. Now I can lend you another hundred and you can lend your friend another hundred who can lend it to me. The longer the term of all these loans the better it is because each hundred dollar loan then has only a tiny payment due each month which means that I (we) only need a tiny income to support a pyrimid of debt. It works for nations too.
A
Archman Investor
13 Jul. 2009
If anyone want to know where the money is I will tell you:
It's at my house!!Or maybe it's at Goldman's house?
What about Paulson's house?It has to be somewhere.compdivplan.com
It's at my house!!Or maybe it's at Goldman's house?
What about Paulson's house?It has to be somewhere.compdivplan.com

Longinvestor
13 Jul. 2009
The article also concerns high volume programmed trading...here is more on that:
www.nyse.com/pdfs/PT62...
www.nyse.com/pdfs/PT62...
