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Default good news: obama beats romney according to GOP poll

On Fri, 02 Dec 2011 18:53:07 -0700, Canuck57
wrote:

On 02/12/2011 5:52 PM, bpuharic wrote:
On Fri, 02 Dec 2011 17:35:54 -0700,
wrote:

On 02/12/2011 2:50 PM, bpuharic wrote:
On Fri, 2 Dec 2011 12:59:57 GMT, "Haywood Jablomie"
wrote:


this from the same guy who said the US economy is so weak that
everyone is rushing to buy our debt

or whatever he believes; he hasnt made a coherent argument yet

Big myth, people buying the debt. US Fed is fraud printing it.


hey genius. if people didnt want US debt we'd be giving interest rates
like italy and spain are paying


You are drummer than nails.


nah if that were the case i'd be conservative

Italy and Spain can't just
print/electronically counterfeit money like the USA can.


BBBZZZZTTTT!!!

WRONG!!! but thanks for playing. ever hear of the european central
bank which can do EXACTLY that??

oh. you DIDNTknow that

why am i not surprised?


So they have
to put on the brakes on spending and borrow real money at real rates.


uh no they dont. and, in fact, they cant. because if they DID their
economies would implode. italy's debt is manageable at 3%. at 7% it's
impossible for them to manage their debt

oh. you didnt know that


USA Bernanke US Fed just prints it. Trouble is it causes some mix of
unemployment and inflation.


HAHAHAHAHA

guess he hasnt looked at unemployment lately!!

and inflation?? he's fighting events from 30 years ago. typical right
winger. always looking in the rear view mirror

The result is the USD will depreciate fast, as currecny is like stock in
the economy. Print twice as much, each share has half the value
(inflation).


tell you what, let me know when they buy euros!

HAHAHAHAHA


gee. then i guess the entire world is stupid 'cuz they entire world is
buying US debt vs the euro


No one is buying US debt. US Fed buys it indirectly with electronic
counterfeit in the ruse.


uh huh. let's see...2 banks

bank A and bank B (for you conservatives, B comes after A)

bank A sells bonds at 6%

bankB sells them at 1%

everyone buys bank B's bills

why? because they're MORE SECURE. and that's EXACTLY what's happening
now

oh. you didnt know that


Just because people take money out of Euro and into USDs doesn't mean it
is in US Treasuries.

You are too retarded to understand real economics.


says the guy who gets his economics from the readers digest while
taking a dump
 
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