letsrock

Actually, they are only legal to have a debt under 14.3 tri.  That is why Tim Geithner is so busy to get the senate and congress to pump up the limit.

letsrock

Actually, they have risen it a couple of times since the financial Tsunami.   Before Bear Sterns, the cap was 9.7 tri.

letsrock

That is why you see the earnings of the US corps so strong.

letsrock

回復 10# paul


    yes and no...........as if you consider the parts, since RMB has envalued 4.6% since June and also the en valuation of Euro, then at cost factor, it has en valued.

But if you look at future cash flow, since the maintenance cost  and time is relatively high and also suffer from inflation impact, so we end up have rate of increase in maintenance>en valuation of asset.  So the projected ROI is negative.

letsrock

回復 13# paul

Agree, our cars are for passion, not for logic.

letsrock

It happened in  1995 before, twice that year.  Also in 1979.

letsrock

Debt talk is actually in Mid Feb.   most ppl do not understand the subject matter and consequences.



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