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Four Numbers Add Up to an American Debt Disaster

By Patrick   Follow   Thu, 29 Mar 2012, 5:42pm   555 views   5 comments
In Menlo Park CA 94025   Watch (0)   Share   Quote   Permalink   Like   Dislike  

http://www.bloomberg.com/news/2012-03-28/four-numbers-add-up-to-an-american-debt-disaster.html

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1. citizen jpp Follow Befriend 30 comments Wallingford, PA

   1   7:50am Fri 30 Mar 2012   Share   Quote   Permalink   Like   Dislike   Oh, I miss the late 90s...

2. zzyzzx Follow Befriend (9) 434 threads 4,247 comments Baltimore, MD

   2   12:54pm Fri 30 Mar 2012   Share   Quote   Permalink   Like   Dislike   So we'll see high interest rates in no less than 5 years, right?

3. citizen jpp Follow Befriend 30 comments Wallingford, PA

   3   1:28pm Fri 30 Mar 2012   Share   Quote   Permalink   Like   Dislike   I'm afraid were headed for continued deflation with increased money supply and an increasing value of the stock market. Lots of shoes to drop... All the king's horses and all the king's men Couldn't put Humpty together again.

4. EBGuy Follow Befriend 4 threads 2,114 comments

   4   2:12pm Fri 30 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   Patrick, Thanks for posting that. I naively thought that the Treasury was taking advantage of low rates by issuing longer term debt. Instead, they're doing the equivalent of a 5/1 ARM.

5. citizen jpp Follow Befriend 30 comments Wallingford, PA

   5   1:21am Sat 31 Mar 2012   Share   Quote   Permalink   Like (1)   Dislike   EB, it began in force during the 90s, just like a few other policy moves that were very shortsighted and are a big part of the situation we are in today. It makes me cringe how the next 10 years will onfold based on how we handled the last three or four years.