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Re: Nate Silver prediction on Nov 6, Electoral

By: faul in ALEA | Recommend this post (0)
Sat, 08 Sep 12 10:09 PM | 83 view(s)
Boardmark this board | The Trust Matrix 		Msg. 09878 of 54959
(This msg. is a reply to 09877 by Cactus Flower)
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Hi Alea......

you didn't say that.......on reviewing the posts...i must
have imagined it:0

A year from now we will see.......the path to recovery or
the path to ruin.........


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The above is a reply to the following message:
Re: Nate Silver prediction on Nov 6, Electoral
By: Cactus Flower in ALEA
Sat, 08 Sep 12 9:51 PM 		Msg. 09877 of 54959

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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