Markets to Tea Party: You Suck!

[TheManWithAUsername]

Anonymous wrote:If the USA has AAA bond rating then I should win the physical fitness award for the entire U.S. Spare me...NOBODY who buys a 10yr bond will be paid back the same dollars that they lent. The U.S. is on a never-ending money printing spree that is a defacto default. Thats right...the U.S. is currently defaulting on loans and stealing savings by money printing on a massive level. What is the bond rating for that?

You do realize that that's been the case for a while now, right? And that investors factor that in - you know, investors with billions, and many different options?

[Anonymous]

If the U.S. is AAA. I suggest buying gold.

[Anonymous]

I don't see whats wrong with the tea party pointing out the obvious fact that we are headed for a crash. Would you be happier to pretend we aren't? What good does that do? AA+ bond rating is the least of our problems.

[Anonymous]

Anonymous wrote:I don't see whats wrong with the tea party pointing out the obvious fact that we are headed for a crash. Would you be happier to pretend we aren't? What good does that do? AA+ bond rating is the least of our problems.

No, but I would be even happier if they were willing to let us pay our bills. We can't even close tax loopholes on businesses. And they won't cut defense. And they wouldn't even back their own party's plans.

Pointing out our problems is something every cashier at Piggly Wiggly can do. What the Tea Party Congresspeople can do is be part of the solution.

The Tea Party is the MIL of America.

[Anonymous]

Yep no one but the money managers are buying US T-bills. What are the tp'ers buying? (They already own the blame for the economy)

[Anonymous]

Anonymous wrote:Yep no one but the money managers are buying US T-bills. What are the tp'ers buying? (They already own the blame for the economy)

The economy is BARAKOLYPSE NOW!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yep no one but the money managers are buying US T-bills. What are the tp'ers buying? (They already own the blame for the economy)

The economy is BARAKOLYPSE NOW!

Sorry, the Tea Party Won!!!! Remember?!! You get the credit for the fiasco. You TOOK the credit a week ago. Now you have to live with the blame.

[Anonymous]

Teanomics = USA falling behind N. Korea

[Anonymous]

TheManWithAUsername wrote:

Anonymous wrote:If the USA has AAA bond rating then I should win the physical fitness award for the entire U.S. Spare me...NOBODY who buys a 10yr bond will be paid back the same dollars that they lent. The U.S. is on a never-ending money printing spree that is a defacto default. Thats right...the U.S. is currently defaulting on loans and stealing savings by money printing on a massive level. What is the bond rating for that?

You do realize that that's been the case for a while now, right? And that investors factor that in - you know, investors with billions, and many different options?

No idea what PP is on about. Just frothing at the mouth. Of course those who buy 10 year bonds will be paid back in the same dollars that they lent. Plus the agreed interest. It seems like PP can't wrap its head around "inflation" or something. Just not even wrong.

[Anonymous]

Anonymous wrote:

TheManWithAUsername wrote:

Anonymous wrote:If the USA has AAA bond rating then I should win the physical fitness award for the entire U.S. Spare me...NOBODY who buys a 10yr bond will be paid back the same dollars that they lent. The U.S. is on a never-ending money printing spree that is a defacto default. Thats right...the U.S. is currently defaulting on loans and stealing savings by money printing on a massive level. What is the bond rating for that?

You do realize that that's been the case for a while now, right? And that investors factor that in - you know, investors with billions, and many different options?

No idea what PP is on about. Just frothing at the mouth. Of course those who buy 10 year bonds will be paid back in the same dollars that they lent. Plus the agreed interest. It seems like PP can't wrap its head around "inflation" or something. Just not even wrong.

The funny thing is, even after the downgrade, the rate on 10-year t-bills is at a ridiculously low level. Memo to economic illiterates out there: this is an endorsement of US solvency by institutional investors around the world. Now, Teabaggers may be right, and the collective knowledge of global institutional investors is garbage compared to folks who get their financial advice from Glenn Beck and Michelle Bachmann. Probably not though. There've been Know-Nothing parties in America before. It's a pattern.

[Anonymous]

Maybe US Government should hire Glen Beck to sell US bonds. He did a lot for gold.

[Anonymous]

Anonymous wrote:If the USA has AAA bond rating then I should win the physical fitness award for the entire U.S. Spare me...NOBODY who buys a 10yr bond will be paid back the same dollars that they lent. The U.S. is on a never-ending money printing spree that is a defacto default. Thats right...the U.S. is currently defaulting on loans and stealing savings by money printing on a massive level. What is the bond rating for that?

I'm assuming you won't understand this, but for the benefit of everyone else:

"10-Year Real Treasury Rate at Zero"

Time for everybody who has publicly worried about "crowding out" or about the deficit raising U.S. interest rates to make their Apology to the Emperor, and be quiet for llife.

[Anonymous]

Anonymous wrote:If the U.S. is AAA. I suggest buying gold.

Man, I wish I could get on the other end of that trade.

[Anonymous]

Anonymous wrote:

Anonymous wrote:If the U.S. is AAA. I suggest buying gold.

Man, I wish I could get on the other end of that trade.

Seriously, after the tech bubble burst, we wondered what the next bubble would be. Then came the suburban real-estate bubble. When that burst, folks wondered what the next bubble would be. I think we have our answer.

[TheManWithAUsername]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If the U.S. is AAA. I suggest buying gold.

Man, I wish I could get on the other end of that trade.

Seriously, after the tech bubble burst, we wondered what the next bubble would be. Then came the suburban real-estate bubble. When that burst, folks wondered what the next bubble would be. I think we have our answer.

Crazy defeatist talk. The world will always need shiny trinkets - how could the price go down?