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To: TigerLikesRooster

I hate to admit my finanacial ignorance, but could you translate this?


3 posted on 05/22/2009 5:32:08 AM PDT by Mangia E Statti Zitto
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To: Mangia E Statti Zitto

Not necessarily a translation, but further discussion here:

http://www.tickerforum.org/cgi-ticker/akcs-www?post=95986


4 posted on 05/22/2009 5:43:11 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Mangia E Statti Zitto
I hate to admit my finanacial ignorance, but could you translate this?

The party really is over. The Chinese are going to quit subsidizing us by buying our bonds. We're on our own and there's nothing left in the kitty. Now comes the national garage sale as the dollar collapses and the Asians buy up our resources on the super-cheap.

5 posted on 05/22/2009 5:45:39 AM PDT by ccmay (Too much Law; not enough Order.)
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To: Mangia E Statti Zitto
If you ain't reading Denninger's The Market Ticker, you ain't gettin' half the news.
7 posted on 05/22/2009 6:44:25 AM PDT by an amused spectator (Abdullah bin Abdul Aziz's lawn jockey doesn't speak Austrian)
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To: Mangia E Statti Zitto

The bond market has a lingo all its own.

Basic executive translation: things are not going as planned for the US trying to auction off a whole lot of debt at cheap interest rates.


12 posted on 05/22/2009 8:30:33 AM PDT by NVDave
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