On 5/12/2010 9:13 AM, brad herschel wrote:
> 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)

and food.... This wagon is running out of control for the cliff.

>
> Brad
>