"In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497."
Warren Buffett
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Friday, 27 January 2012
US Debts Pictorial vs Euro 8.3 Trillion bond marke...
(U$)hit Treasuries vs € bonds(bomb)
Forex Market is heavily influenced by these 2 currencies. about 28% is all about Euro and Usd based on Bank of international settlement report.
One is the world Reserve currency and one is replacement currency for it. Both currencies are saddled with huge debts. Hope my findings would explain why EUR/USD remains a favorite pair for traders to come for a long time.
Latest News , US Debt Ceiling will rise to $16.4 Tln from $15.2 Tln on this Friday 28Jan. Why it matters. Currently, the US government owes itself $4.6 trillion while the remaining $9.7 trillion is owed to investors in Treasury securities, which include banks, pension funds, individual investors, state and local governments and foreign investors and governments. Nearly half of that, about $4.5 trillion, is held by foreigners, including China with $1.15 trillion and Japan with $907 billion. If the debt ceiling is not raised, US government will default to investor who hold onto the US treasuries. Our uncle Wen will not be too happy. and no more dragon flying year. In short, the parliament house got no choice to to raise it debt ceiling. It is like asking the bank to bank roll ourselves with unlimited credit. How i wish i got this special treatment from the White HOUSE ;)
(U$)hit Treasuries vs € bonds(bomb)
One is the world Reserve currency and one is replacement currency for it. Both currencies are saddled with huge debts. Hope my findings would explain why EUR/USD remains a favorite pair for traders to come for a long time.
ReplyDeleteRegards
PIPSFAMRER. MAKE PIPS,KEEP PIPS.
Latest News , US Debt Ceiling will rise to $16.4 Tln from $15.2 Tln on this Friday 28Jan. Why it matters. Currently, the US government owes itself $4.6 trillion while the remaining $9.7 trillion is owed to investors in Treasury securities, which include banks, pension funds, individual investors, state and local governments and foreign investors and governments. Nearly half of that, about $4.5 trillion, is held by foreigners, including China with $1.15 trillion and Japan with $907 billion.
ReplyDeleteIf the debt ceiling is not raised, US government will default to investor who hold onto the US treasuries. Our uncle Wen will not be too happy. and no more dragon flying year. In short, the parliament house got no choice to to raise it debt ceiling. It is like asking the bank to bank roll ourselves with unlimited credit. How i wish i got this special treatment from the White HOUSE ;)
Regards
PipsFarmer.
Great Blog for for students to buy Stocks.
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