Thoughts on upcomming US credit default.

Jul 12, 2011 at 11:05
1,590 Views
10 Replies
Member Since Apr 15, 2011   97 posts
Jul 12, 2011 at 11:05
Whats everyone's thoughts on the upcoming credit default deadline on Aug 2. Any Idea of what the bomb is going to be like in the markets if it does go off. And I don't mean just a drop in US currency. I'm talking everywhere.
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Jul 13, 2011 at 02:21
Splexin
forex_trader_33781
Member Since Apr 11, 2011   202 posts
Jul 13, 2011 at 03:15
cunod posted:
    Whats everyone's thoughts on the upcoming credit default deadline on Aug 2. Any Idea of what the bomb is going to be like in the markets if it does go off. And I don't mean just a drop in US currency. I'm talking everywhere.
Fear. A powerful yet simple way of controlling the masses.

Article of interest
https://blogs.marketwatch.com/fundmastery/2011/07/12/the-u-s-treasury-will-not-default/
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Jul 13, 2011 at 23:47
the economies are about to enter a new phase, of sorts.

i understand very well what is about to happen.

they showed me everything.

i assure you that it will take you by surprise.

don't you recognize me?

i am the beast.

you are going to simply adore my princess.

she is pure like the brightest of white light.

she is gorgeous.

she is brilliant.

and she can and will stomp your ass.

zero/.



<a href='https://www.myfxbook.com/members/zzzero/castle-money/128006'><img border='0' src=''/></a>


Member Since Jul 14, 2011   6 posts
Jul 19, 2011 at 16:03
these are just political games. neither side wants a default, and so it will not happen. they will however use all the time they can between now and August 1st to make the other side look bad to the American public.
Member Since Apr 15, 2011   97 posts
Jul 27, 2011 at 20:59 (edited Jul 27, 2011 at 21:00)
TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Jul 30, 2011 at 09:25
Member Since Apr 15, 2011   97 posts
Jul 30, 2011 at 13:56 (edited Jul 30, 2011 at 14:12)

TheCyclist posted:
    https://www.bbc.co.uk/news/technology-14340470
ha!

Apple could buy out the US treasury. Funny, but horrifically sad.

PS: Maybe while they are at it they can take care of euro! lol
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 03, 2011 at 22:51

cunod posted:
    
TheCyclist posted:
    https://www.bbc.co.uk/news/technology-14340470
ha!

Apple could buy out the US treasury. Funny, but horrifically sad.

PS: Maybe while they are at it they can take care of euro! lol

well then, why dont they do it?


TheCyclist
forex_trader_28881
Member Since Feb 07, 2011   724 posts
Aug 04, 2011 at 02:41
Cause they have good products and don't want to buy a loss making entity.
zzzero
forex_trader_27988
Member Since Jan 26, 2011   1367 posts
Aug 04, 2011 at 02:59

TheCyclist posted:
    Cause they have good products and don't want to buy a loss making entity.


my thinkiing is that if they are any good, they might buy the u.s. and then turn it around.

selling iipods is one thing..

turning around an entire country requires real skill..

z/.
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