Wikinvest Wire

Bulking up on debt

Wednesday, February 18, 2009

From Time Magazine:
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Posted by Tim at 3:27 PM
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4 comments:

Anthony Alfidi said...

A bond market collapse would be like a gastric bypass, stomach stapling, and liposuction all in one operation.

Bring it on!

February 18, 2009 3:42 PM  
Anonymous said...

You go ahead and do that Uncle Sam. Exercise, eat right and cut back on expenses. You don't mind if I add a bit more gold to my pile, do you?

February 18, 2009 6:24 PM  
Anonymous said...

In the cartoon, Uncle Sam shouldn't be running (or even walking). Instead, he should be riding in one of those motorized wheel chair/scooter things you sometimes see at Wal-Mart. To be able to put one foot in front of the other implies the possibility of recovery, which seems extremely unlikely at this point.

I suppose if we wanted to be REALLY accurate, Uncle Sam would be a corpse with a bunch of politicians standing around him brainstorming ways to convince people he's still alive.

February 18, 2009 10:07 PM  
Anonymous said...

I am not sure the bond market will collapse. US should be able to afford interest payments for a long time. I think 3% per year return might be quite reasonable for the next ten years. What's likely to collapse is health care bubble

The gold price is pretty crazy right now. I am pretty sure that the trend is up for at least a couple more weeks. However, once it will become clear that US will nationalize CITI and Bank of America, and Europe will nationalize a couple big banks, gold will dive 25-30%. The uncertainly is what's helping right now.

February 18, 2009 10:30 PM  

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