Ben Bernanke’s Hush Money - Page 5

anonnymous · 08-01-2008, 07:19 PM

Quote:

Originally Posted by michaelr

Stressed banks borrow record amount from Fed

I wonder how long this will last. I think the printers will need a break soon.

reviewed that link, although not all treasuries were sold they are still selling. So as long as foriegn countries continue to purchase our debt the end will be stretched out. Anyway is was a good link. Oh!! I thought you did not trust the FED statistics.

michaelr · 08-01-2008, 08:12 PM

Quote:

Originally Posted by anonnymous

reviewed that link, although not all treasuries were sold they are still selling. So as long as foriegn countries continue to purchase our debt the end will be stretched out. Anyway is was a good link. Oh!! I thought you did not trust the FED statistics.

These numbers are probably close to truth. It is a lot of money and it would be hard to lie about it.

william the wierd · 08-01-2008, 09:13 PM

One thing to keep in mind is that it is quite possible that the Dow will hit 20-25K before it hits 1.4-1.8K. Other cross currents are also possible.