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Chimichurri (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 10:29 AM Original message |
Investors Are Piling Into US Debt, Not Out of It = Massive Market REJECTION of S&P |
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BeFree (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 10:40 AM Response to Original message |
1. It seems assbackwards |
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Chimichurri (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 10:48 AM Response to Reply #1 |
3. seems so. The economy is suffering from a lack of demand. |
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Viking12 (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 10:43 AM Response to Original message |
2. Where else are they going to go? Depsite the rating, it is still the safest bet in the world. |
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ozone_man (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 10:56 AM Response to Reply #2 |
4. That's right.. |
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Chimichurri (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 11:23 AM Response to Reply #2 |
6. Despite the rating, we will always pay our bills so long as we can keep printing money. |
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BlueCheese (897 posts) Send PM | Profile | Ignore | Mon Aug-08-11 11:09 AM Response to Original message |
5. It's almost as if S&P has no idea what it's talking about. |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Mon Aug-08-11 11:50 AM Response to Original message |
7. At the moment the DOW is down 307 points, looks to me like someone agreed. |
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DU AdBot (1000+ posts) | Tue May 07th 2024, 04:13 AM Response to Original message |
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