<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top> Coffee Shop Talk - Thinkall: De-leverage now</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">thinkall <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">9:58 am </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 1) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>1184.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>The collapse of the debt market.
With the rescue of Fannie and Freddie, the US Treasury has effective rescued the equity and thrashed the debt market.
The entire debt market is in peril of total collapse.
With the sudden assumption of 5 trillion dollars of debt to alleviate the burden from all the balance sheets of all the financial companies in the world, quid pro quo, the burden is now singularly laden on the sovereign debt market.
With the contingent liabilities of Medicaid and Social Securities unaccounted for in the current balance sheets of US, we will see the melt down of debts and definitely higher interest rates.
The failure to raise short term rates since the financial chicaneries were first discovered will ensure the disease is now system wide and will impact on long term rates and the final inflation picture.
For those of my countrymen who are still heavily indebted please de-leverage now.
</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
With the rescue of Fannie and Freddie, the US Treasury has effective rescued the equity and thrashed the debt market.
The entire debt market is in peril of total collapse.
With the sudden assumption of 5 trillion dollars of debt to alleviate the burden from all the balance sheets of all the financial companies in the world, quid pro quo, the burden is now singularly laden on the sovereign debt market.
With the contingent liabilities of Medicaid and Social Securities unaccounted for in the current balance sheets of US, we will see the melt down of debts and definitely higher interest rates.
The failure to raise short term rates since the financial chicaneries were first discovered will ensure the disease is now system wide and will impact on long term rates and the final inflation picture.
For those of my countrymen who are still heavily indebted please de-leverage now.
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