Posted by sotxbill on June 05, 2016 at 07:53:02 from (104.5.24.112):
In Reply to: US debt to Saudi posted by Geo-TH,In on June 05, 2016 at 06:35:08:
I quess I dont understand the problem. We sell debt notes all the time to anyone and they all have terms of rate and maturity dates... And we are considered a very very safe investment. And with the interest rates low, low, low,,, our debt is a bargin on the market... And if they dump it all, they only hurt themselves as it will go at a discount, only short term,,,,, as the rates in a poor economy will always make them a great and valuble buy. What am I missing??? I know that the euro is a great stable currency now, but would I buy bonds from the "euro nations" with Greece and Turkey in the dumper??
And.. if they dump it, the US would be wise to buy a lot of it back at a discount... preserve the market, and just issue new debt later.
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Today's Featured Article - Identifying Tractor Smells - by Curtis Von Fange. We are continuing our series on learning to talk the language of our tractor. Since we can’t actually talk to our tractors, though some of the older sect of farmers might disagree, we use our five physical senses to observe and construe what our iron age friends are trying to tell us. We have already talked about some of the colors the unit might leave as clues to its well-being. Now we are going to use our noses to diagnose particular smells. ELECTRICAL SMELLS
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