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Thread: chart of the week - US Treasury Bill / Bond 'Roll-Overs'

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    Banned Melonie's Avatar
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    Default chart of the week - US Treasury Bill / Bond 'Roll-Overs'



    (snip)"These are just the rollover requirements for the United States and do not include NEW BORROWING of $1.6 TRILLION. So, a total of OVER $3.5 Trillion is required, providing that the deficits are as projected by the CBO (are they ever accurate?). That’s almost $300 Billion a month, or $10 Billion a day (10,000 million a day). Mind numbing numbers! Inconceivable sums. "(snip)

    (snip)"now let’s look at NEW issuance to cover 2010 DEFICITS from



    This is called INSANITY. Only India, China and the emerging world are growing in REAL terms, the rest of the borrowers are DEADBEAT welfare states with shrinking incomes and economies, when properly adjusted for inflation. How the US and Europe are going to navigate the rest of the year without some MISHAP is inconceivable. That will be the appearance of the “when HOPE to FEAR” moment we are looking for in 2010."(snip)

    from with many thanks to Reggie Middleton

    ~
    Last edited by Melonie; 03-27-2010 at 08:55 AM.

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    Banned Melonie's Avatar
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    Default Re: chart of the week - US Treasury Bill / Bond 'Roll-Overs'

    the reference re HOPE to FEAR comes from ...

    (snip)"In closing, we are afloat on a sea of liquidity printed by central banks; the liquidity is not capital, it is credit and ever- DEFLATING IOU’s, which the public thinks is money. It is not money; it is credit and credit is not money. NO ONE KNOWS the value of currencies because no one really knows how much has been printed out of thin air or created with a keystroke in the last few years by public serpents and their bankster colleagues.

    Everything is mispriced because there is no money as a standard of value other then gold and silver. Anything (stocks, bonds, homes, real estate, cars, anything) measured in those terms are in freefall, also known as DEFLATION. When measured in FIAT currencies, they are possibly UNDERPRICED, as the respective currencies are deflating in value at a pace that is hard to quantify. As a cross current to that, the bonds businesses and other businesses are also collapsing on the top-line revenue growth, thus causing downward pressure fundamentally, while currency debasement provides buoyancy as they reprice to reflect the lower purchasing power of the currency in which they are denominated. A devilish conundrum.

    The inflationary depression continues to unfold. Governments cannot create economic recoveries and job and income growth; they can only destroy them, and in the developed world welfare states they are doing so in spades. Relentless destruction of incentives to invest and hire are being implemented regularly. The current political leaders throughout the developed world are putting the final nails into the coffins they used to call economies. Then we will be buried, as the next leg down in the developed world will make the last one look like a picnic."(snip)

    (snip)"The healthcare bill is not reform, it is a takeover and tax bill. It is how Washington works: Take a problem, call for reform and build more government with political solutions rather than practical ones. The only thing it accomplishes is what government wants, which is more control over our economy, the money and you. This is how government grows. The energy department was created by Jimmy Carter to end our dependence on foreign oil, now it is a $30 billion behemoth, with 16,000 employees and our dependence is greater than ever.

    This is how Cloward Piven works, create a crisis and build government until it collapses creating the EXCUSE to seize more power to solve the NEXT emergency. That is what awaits us with the healthcare bill, lots of money spent and problems BIGGER than ever. Did I forget to mention it will be enforced at the point of a GUN: THE [email protected] This is how you know you live in an emerging dictatorship as all socialist governments become: The government DEFIES the will of the people… they KNOW better than the ignorant man on the street who cannot take care of himself, so the government needs to.

    In order for economic and income growth to resume in the developed world, there must be aggressive structural reforms such as: Removal of regulatory and institutional complexity, reduced taxes, government spending restraint, and restoration of incentives to produce.

    Instead, the opposite is being implemented: Layers of new complexity and reams of new laws and regulations, mountains of new taxes, exploding government spending and destruction of the incentives to produce at all levels of the developed-world economies. Radical big government Marxists are in control and implementing the policies of insolvency creating new impediments to growth.

    So, the next leg down in the developed world can be expected to unfold soon. You need a microscope to see any improvements in growth or incomes in developed-world economies after trillions of Dollars, Yen, Euros and Pounds of stimulus have been spent to no avail. When they try to withdraw you can expect the next ECONOMIC FREEFALL… and that will be when HOPE turns to FEAR. It will happen this year….."(snip)


    from with many thanks to Ty Andros.

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