Re: Tippiing points



Edward M. Kennedy wrote, On 1/20/09 7:09 PM:
How large does US debt have to become before people start to doubt
the ability of the US to pay off treasury bonds and such?

There's a deadly embrace at work here -- if the Chinese start
to call in the debt, ultimately they screw themselves in the
process.

I seriously think we are at a point where nobody really knows
what happens next. And yes, that's not a good thing.

cb
.



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