The 5 horseman of collapse-aclypse now

Discussion in 'Financial Cents' started by Tango3, Aug 30, 2009.

  1. Tango3

    Tango3 Aimless wanderer

  2. gunbunny

    gunbunny Never Trust A Bunny

    Okay, this is what I got from this article:


    -New credit growth falls below intrest payments. (already happened)
    -Fed monitizes debt. ($3 billion a day and counting...)
    -Govt deficit spending exceeds 10% of GDP. (up to 13% now)
    -Dollar goes down while treasury note intrest rates go up ($USD goes into the low 70's, and $TNX jumps 50 points in a day- luckily hasn't happened yet)
    -US debt owned by foreign sources becomes denominated in THEIR currency, or other non-Dollar currency. (hasn't happened yet)


    At lease I have some specifics to look for now, and understand why they matter when they come into play. Thanks for the article, Tango3!
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