Discussion in 'Economics' started by crgarcia, Mar 21, 2009.
Maybe nobody understands the reasons/effects?
The US has become a banana republic. There is nothing more to say except the collapse is imminent.
Defict this year will be 1.8 trillion. If China is selling, 1.5 trillion + still has to be picked up in the private market. BMAMAMAMHAHHHAHAHA
New to bonds and the economy, but wil China dumping their bonds cause more money to flow out of the stock market and banks and into bonds since they will be yielding such high interest rates?
It's a supply and demand issue. Pabst pointed out a few months ago that whenever they has been a sharp drop in bond yields, it has usually been succeed by a significant drop in equity markets.
So what should we do, move to China?
That what Jim Rogers did. (I think that's his name, co-founder of with Soros of the Quamtum fund)
Rogers moved to Singapore.
Separate names with a comma.