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fuse
08-17-2013, 01:42 PM
http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

How much time before it all comes down

Serious question

Kyle Reese
08-17-2013, 01:46 PM
Everything is fine, citizen.

BLR
08-17-2013, 02:29 PM
http://cnsnews.com/news/article/treasury-ran-98-billion-deficit-july-debt-stayed-exactly-16699396000000

How much time before it all comes down

Serious question

Had an ongoing conversation with a particularly intelligent woman on this exact topic (and SVI 2011s...). She made a very insightful comment, take a look at the inflation rates it took for Germany or any number of other collapsed countries decades before collapse.

I have changed my investments and company direction though.

Shellback
08-19-2013, 07:29 PM
Along the same lines. (http://cnsnews.com/news/article/2001093000000-fed-s-ownership-us-debt-breaks-2t-first-time) Good thing football season's here... Bread and circuses.

The Federal Reserve’s holdings of publicly traded U.S. Treasury securities—federal government debt—pushed above $2 trillion for the first time last week, hitting approximately $2,001,093,000,000 as of Aug. 14, according to the Fed’s latest weekly accounting.

The Fed’s accounting for the previous week showed that it had owned approximately $1,993,375,000,000 in U.S. Treasury securities as of Aug. 7.

Back on Dec. 31, 2008, before the Fed began its strategy of “Quantitative Easing," the Fed owned only $475.9 billion in U.S. Treasury securities. Since then, the Fed’s holdings of U.S. government debt have more than quadrupled.