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MarketRiders: Why you should buy U.S. Treasuries
Posted: Sun Apr 17, 2011 2:49 pm
by Jan Van
Re: MarketRiders: Why you should buy U.S. Treasuries
Posted: Wed Apr 27, 2011 8:29 am
by murphy_p_t
from link: "America will cut back its spending, innovate, and pay off its debts. We will earn our way out. It’s just how we do it."
don't make me laugh, seriously.
Re: MarketRiders: Why you should buy U.S. Treasuries
Posted: Wed Apr 27, 2011 8:38 am
by moda0306
more like... "America will monitize its debt, tax, and rearrange it's debts... we'll print our way out... It's just how we do it."
Re: MarketRiders: Why you should buy U.S. Treasuries
Posted: Wed Apr 27, 2011 1:25 pm
by Jan Van
C'mon man! That's how we roll!
Re: MarketRiders: Why you should buy U.S. Treasuries
Posted: Wed Apr 27, 2011 1:52 pm
by Lone Wolf
murphy_p_t wrote:
from link: "America will cut back its spending, innovate, and pay off its debts. We will earn our way out. It’s just how we do it."
don't make me laugh, seriously.
That is laugh out loud funny. What a great quote.
To be fair, the author is talking about short- to medium-term Treasuries of around 5 years, which really leave you with minimal exposure. The wording is hilarious, though.