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The Basement
2011 U.S. Budget Cut in Perspective
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<blockquote data-quote="Tim McCulloch" data-source="post: 33886" data-attributes="member: 67"><p>Re: Another First</p><p></p><p></p><p></p><p>And that statement comes from a firm that rated Collateralized Debt Obligations as investment-grade for widows and orphans. Economist Paul Krugman essentially says "they're making stuff up."</p><p></p><p>Oh, and the Chinese are joining the deficit dog pile. If they "lose confidence" in our political will to pay our bills I see further currency manipulation ahead. Among other things.</p><p></p><p>Interesting times, indeed.</p><p></p><p>Not having fun, needing good luck.</p><p></p><p>Tim Mc</p></blockquote><p></p>
[QUOTE="Tim McCulloch, post: 33886, member: 67"] Re: Another First And that statement comes from a firm that rated Collateralized Debt Obligations as investment-grade for widows and orphans. Economist Paul Krugman essentially says "they're making stuff up." Oh, and the Chinese are joining the deficit dog pile. If they "lose confidence" in our political will to pay our bills I see further currency manipulation ahead. Among other things. Interesting times, indeed. Not having fun, needing good luck. Tim Mc [/QUOTE]
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2011 U.S. Budget Cut in Perspective
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