[ZZipZZipe]

I am guessing not too many people are talking about that anymore.

[seicslybearee]

I am guessing not too many people are talking about that anymore.

Duh.


Well... Germand bunds (bonds) are still attractive and now have good rates.

[klubneras]

Ironically, the born again deficit hawks and market fundamentalists with their junk economics however are still calling for self imposed austerity measures in the US which will assure a second leg down especially since Europe is in a race to the bottom with the US to devalue the currency which they both hope they can accomplish in a "controlled" manner....umm yeah whatever

[allmyflights]

Ironically, the born again deficit hawks and market fundamentalists with their junk economics however are still calling for self imposed austerity measures in the US which will assure a second leg down especially since Europe is in a race to the bottom with the US to devalue the currency which they both hope they can accomplish in a "controlled" manner....umm yeah whatever

yeah, everybody knows we should issue as much debt as possible. "race to the bottom"=stupid phrase. everyone has an opinion, and irresponsible spending has put us in this race to the the bottom, as you call it.

[klubneras]

Call it as stupid phrase and focus on the semantics of my opinion but the fact is the currency devaluations are for real. What has been "stupid" has been the manner in which the money/credit created out of thin air by the Fed has been gifted/misallocated to the worst stewards of capital ..namely the likes of Goldman Sachs and their bankster cronies thanks to a clueless and a bought off/collusionary political class. Like I've said honor among thieves has us all paying the piper...