On 1/29/10 4:05 PM, Don White wrote:
On 1/29/2010 3:32 PM, Don White wrote:
"Don wrote in message
...
On 1/29/2010 2:30 PM, nom=de=plume wrote:
wrote in message
news On Thu, 28 Jan 2010 21:37:17 -0800, "nom=de=plume"
wrote:

The "risk" isn't really the
threat of default, only the threat of the devaluation of the dollar
but that can go over the tipping point.


There's no "threat of default." That's just a fear tactic.

"No threat" is a bold statement but I did say it wasn't really the
risk that would drive up interest rates. That will simply be the
threat of devaluing the dollar and that is happening as we speak.
The problem is once it starts to slide that can become an avalanche
because we import so much of what we need to survive.


The dollar has lot value, significant value before. "Once it starts to
slide" is the Chicken Little philosophy.


Does that mean we should all go running around in circles screaming "The
sky is falling"?


Better for you to scream...I'm an idiot and a loser.


I hate these damn spoofing morons.


Looking in the mirror again?