On May 11, 10:58*pm, Winston_Smith > wrote:
> Here, children, is exactly how the US goes under.
>
> http://www.marketoracle.co.uk/Article19021.html
> Greece's bill is due
>
> Scroll down to
> "This next chart (also from Grice) is the real kicker...http://www.marketoracle.co.uk/images/2010/Apr/outstanding-debt-042310..."
>
> In case it's hard to see, the print at the top reads: "% of stock of
> outstanding debt to be issued this year; Greece is nearly best in
> class!"
>
> The red portion of each bar represents maturing bonds - debt that will
> need to be "rolled over" soon. The gray portion is new issuance. And
> who is the big kahuna by this measure? That would be the USA (the tall
> bar on the far left).
>
> The US like everyone else has bond debt that matures and has to be
> replaced by selling new bonds. *It is still an open question as to who
> will still be standing to supply Uncle Sam with the many trillions he
> needs to borrow, just to keep the whole scheme afloat.
>
> ===
> With the ObamaDebt approaching $13 trillion.http://www.marketoracle.co.uk/Article19011.html
Watch the Wall Street schumucks as collapse approaches. Best show in
town, if you are in gold, guns,
or cash)
Brad