Feb 2010 update

In the news, the Treasury Secretary says the USA will never lose its AAA credit rating.  If that's true, why does he have to say that?

It's not like Tim Geithner would lie.  He might actually believe in the all powerful state run by Jews.  Why Jews are god's chosen, they can do no wrong.  Fiat money is as good as gold because we say it.  If we Jews (god) say it, then you must believe it!  Who can see that believing in Jesus is exactly the same as believing in fiat money?  And both beliefs originate from the same criminal mind space.

God's chosen few, insane Jewish con men:
 


I think of course that if the credit rating is being verbally defended then it must be in real trouble.  Any one who thinks US Treasury debt is as good as gold is a deluded fool, and in the CDS market Treasuries cost more to insure than many corporations.  As with any borrower, there is a limit.  When the end comes it could be sudden because those in charge are using every stick to prop up a dead horse.

 

There is simply no way for the USA corporation to get out of the hole it has dug for itself, its economy shredded and its debt exponential.  But have no fear, there is always the deflation play, the last stick that can temporarily prop up a nation is decline.  Deflation could force billions fleeing debt destruction into the US bond market.

"I am more concerned with the return of my money than the return on my money." - Twain

CDS curve starting up again, once the panic starts, yeah ha, watch out!



Sovereign bond CDS of lesser states is an omen for USA