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Does USA 2009=Argentina 2001

Discussions about the economic and financial ramifications of PEAK OIL

Does USA 2009=Argentina 2001

Unread postby deMolay » Sat 27 Jun 2009, 09:45:02

Some very interesting comparison's. http://www.itulip.com/forums/showthread ... post106493
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Re: Does USA 2009=Argentina 2001

Unread postby patience » Sat 27 Jun 2009, 18:08:38

Seems to be a matter of how long before somebody blinks. Anyone panics and starts dumping US Treasuries, and it's game over. One nation's currency goes down the hole, they dump US T's to raise cash, and the rest follow like dominoes.
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