Re:My Personal Trade Deficit
by eru on Saturday January 19, 2008 @11:08AM
(#100897)
I agree.
The US won't default on bonds anytime soon. But they are only bulletproof in terms of value when you measure value in US$ - and not in adjusted terms (inflation, purchasing power paritiy, exchange rate, etc).
The US won't default on bonds anytime soon. But they are only bulletproof in terms of value when you measure value in US$ - and not in adjusted terms (inflation, purchasing power paritiy, exchange rate, etc).