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Re: Nate Silver prediction on Nov 6, Electoral

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 08 Sep 12 9:51 PM | 105 view(s)
Boardmark this board | The Trust Matrix 		Msg. 09877 of 54959
(This msg. is a reply to 09876 by faul)
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Hi doma,

Yes. 2009 bogus. And 2011 bogus!

I was just giving you the absolute figures. They haven't made me think anything different. Why would they?

I don't remember saying it doesn't matter what percentage a central bank buys from its Treasury?

I stand behind this comment, if this is the one you meant:

"So increasingly, in future, some US people will owe other US people money. Net zero.

The fact the US finances its own debt is not a bad thing, per se.

The fact that foreigners are buying less US debt reflects the fact the US is running smaller trade deficits and the dollar isn't overvalued (eg relative to the renminbi).

I thought folks used to get upset that China was buying too much debt from the US. Now it is that they are not? Can't win."

#msg-749301


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The above is a reply to the following message:
Re: Nate Silver prediction on Nov 6, Electoral
By: faul in ALEA
Sat, 08 Sep 12 9:44 PM 		Msg. 09876 of 54959

Hi Alea.....

So you make it 69% not 61% for 2011.........& 2009 bogus.

But i thought you said it didn't matter what percentage of
debt a central bank buys from it's Treasury...........:0?

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