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Reply #25: Exactly. Those points you highlighted from the article jumped out for me too. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
robertpaulsen Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-25-10 03:17 PM
Response to Reply #3
25. Exactly. Those points you highlighted from the article jumped out for me too.
In the wake of the 2008 Meltdown, the Treasuries are the only thing holding the economy together. The TBTF banks have been following the Federal Reserve's lead and buying them up. Without significant job growth (significant meaning like net growth in the 7 figures area), something's got to give. That something might be deflation like we haven't seen since the 30's, or it could be the scenario that Lira lays out. We shall see.
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