On 02/12/2011 6:56 PM, bpuharic wrote:

US Treasuries are junk paper,

golly. why are people demanding 7% for spanish and italian bonds and
only 1% for T bills?

Spanish have to borrow real money. In the US Bernanke prints it for
Goldman Sachs to buy the US Treasury junk paper. Spain gave up that
right when the Euro came in.

No free lunch though. People pay in inflation/job loss like the USA or
the government pays real interest for real money. Their system has less
fraud in it actually. And why I am sell USA interests as fast as I can.
On January 2013 I will be out of the USA completely.

oh. you dont know economics so dont know that's a reflection of
confidence

Know more than you, I have money.

Watch careful, and remember this, in 2012 I predict any bond not
yielding over 7% with a remaining term greater than 4 years will take at
least a 25% depreciation hit in 2012 on the resale markets.

read that in 'sunset' magazine did you?

Nope.

Funny, people die waiting while those that can afford it that run the
system go to the USA.

http://www.americanthinker.com/2010/...al_sojour.html

gee...then why is longevity higher in canada than the US?

My guess is that because Candians in general have less economic liberty
than Americans, they can't afford the quantities of booze, drugs and
excesses the Americans can. We have less than 20% of the boats per
capita than the USA for example.

and how long do you wait in the US if you dont have health insurance?

Haven't got a clue, I always paid my dues. I am not a fleabagger. The
two times I used it they were pretty darned quick.

tell you what, canuck, why not come to the US and try to get help here
with your canadian health insurance

see how far you get

Canadian government insurance is more useless that tits on a boars ass
in winter for the USA or outside of Canada. That is why I carry extra
private insurance so when I travel I am covered.
--
All successful people have one thing in common, if even for a moment
they think rationally.