jeudi 10 octobre 2013

I know, I have crossed the first ten for the FCNM state reports manually and will forward it to u tomorrow.
Have been watching the floors at some point but what most surprised me are alleged reactions coming from China and other foreign investors in Treasuries, am I wrong or I don't get it, what do u say? As a significant holder of US debt, what would worry me most would be to see that no one is watching the debt spiral and a neurasthenic Congress voting debt ceiling increase after increase with no protest at all. There is something definitely reassuring in the debate opposing the White House and the House Majority, of course there is as always a downside to it as well but with in mind there was no Tea Party likes in Greece to say STOP and the fiscal and debt level have very little in common anyway but still, it is a fact that at the height of the fight to defend the US credit worthiness and actual Treasuries holders interests, the House Majority by its action whose goal is to tackle the deficits and spiraling federal spending looks to me the best guarantee for investors that a significant part of the Government is committed to long term solvency and very active to insure the budget is sound and fiscal responsible.
Didn't it cross your mind, I mean as an investor if I see a bunch of yes guys voting let's borrow more, spend more, it should worry me, not the contrary?

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