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Come on China open that pockbook and say AHHHHH......
1 posted on 07/29/2009 11:53:04 AM PDT by Kartographer
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To: Kartographer

holy mortgage-reset, batman!


2 posted on 07/29/2009 11:54:45 AM PDT by the invisib1e hand (The revolution IS being televised.)
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To: Kartographer

World investors are backing off the US markets.


3 posted on 07/29/2009 11:55:28 AM PDT by taxtruth
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To: Kartographer
Uhhh... hello? Hello? Congresscritters... HELLo!!

...as they spend and borrow a few $trillion and add to the debt of my kids, their kids, their kids' kids...

4 posted on 07/29/2009 11:56:36 AM PDT by C210N (A patriot for a Conservative Renaissance!)
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To: Kartographer

Hubby and I watched the chart plummet (in real time - he trades commodities) and the first thing I said was ‘Gee.. no one wants to buy our debt anymore, wonder why?’

Obamanation here we come! This man is so freaking clueless, along with our treasury secretary, Eddie Haskell.


7 posted on 07/29/2009 11:59:40 AM PDT by Mama Shawna
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To: Kartographer
Uh oh.
8 posted on 07/29/2009 12:01:38 PM PDT by BAW (We had to live through Carter to get Reagan)
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To: Kartographer
The article is illiterate. It says the bid to cover ratio is 1.92 *percent*. Um, no not remotely. It is a ratio, and it is 1.92. Meaning people offered to buy about twice what the treasury needed to sell.

As for China, they continue to buy treasuries hand over fist, not that it matters.

The Cayman islands and Luxembourg buy more US financial assets than China does, and hold more as well. 95 million people in the UK and Canada outweigh 1.3 billion from China as investors in the US.

11 posted on 07/29/2009 12:06:07 PM PDT by JasonC
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To: Kartographer

So, how’s that “Hope & Change” workin out for everyone?


14 posted on 07/29/2009 12:11:26 PM PDT by Reagan69 (No Representation without Taxation)
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To: Kartographer

Next....
http://www.treasurydirect.gov/instit/annceresult/press/preanre/2009/A_20090723_1.pdf


15 posted on 07/29/2009 12:12:07 PM PDT by griswold3
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To: Kartographer

Not to worry, the Federal Reserve will print up the money and buy them.


17 posted on 07/29/2009 12:13:48 PM PDT by kenn5
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To: Kartographer
We are all going to be millionaires!

18 posted on 07/29/2009 12:14:35 PM PDT by TSgt (I long for Norman Rockwell's America.)
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To: Kartographer
http://www.gold-eagle.com/editorials_08/souleles072709.html http://www.gold-eagle.com/editorials_08/willie071609.html http://www.freedomsphoenix.com/News/054296-2009-07-29-economic-collapse-to-trigger-social-pandemonium.htm .
24 posted on 07/29/2009 12:22:09 PM PDT by FromLori (FromLori)
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To: Kartographer

Quick! Dispatch Turbo Tax Timmy to grovel at the feet of the ChiComs again!


25 posted on 07/29/2009 12:24:25 PM PDT by thecabal (Hey Obama, when you gonna start sharin' the sacrifice?)
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To: Kartographer

China told The One and Geithner that they were not pleased with the way things were being handled.

This was not unexpected at all.


27 posted on 07/29/2009 12:36:28 PM PDT by Abathar (Proudly posting without reading the article carefully since 2004)
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To: Kartographer

Think about it...

Based upon what you’ve seen in the last 6 months, if you were an international investor, would you buy notes from the US?

30 year notes — maybe
5 year notes — uh, no thanks


28 posted on 07/29/2009 12:38:01 PM PDT by BP2 (I think, therefore I'm a conservative)
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