Morgan Stanley Says Government Defaults Inevitable

Discussion in 'Economy' started by KissMy, Aug 25, 2010.

  1. KissMy
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    KissMy Free Breast Exam

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    Morgan Stanley Says Government Defaults Inevitable
     
  2. loosecannon
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    loosecannon Senior Member

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  3. KissMy
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    KissMy Free Breast Exam

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  4. boedicca
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    boedicca Uppity Water Nymph Supporting Member

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    Well. Duh.

    Either the Government INFLATES the holy Heebejeebus out of our currency in order to repay the debts with cheaper currency (not really an option right now)...or they default on obligations.

    The treatment of the GM bondholders was both a test case and a warning.
     
  5. topspin
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    topspin BANNED

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    Yup let's get those bet's down against bond, the bubble will burst.
     

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