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To: sickoflibs
"The (US Treasury)bond market is the next to collapse. The current buyers are like condo flippers looking to sell to someone else". "It's just another ponzi scheme as each buyer buys to sell until there are no buyers and it collapses""(because the government can never pay it back)

I have money in short term treasuries - that's not what he's talking about - is it?

18 posted on 01/24/2009 9:33:47 AM PST by GOPJ (Bad & corrupt business decisions get bailed-out. Why should I play by the rules?FRpierrem15)
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To: GOPJ

http://www.freerepublic.com/focus/f-news/2161374/posts

I believe it’s long term traded treasuries, and he is predicting long term drop in dollar. Your investment is more like a savings account, safe.


20 posted on 01/24/2009 10:12:49 AM PST by sickoflibs (Obama : " How would my treasury secretary know to pay taxes?")
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