Recent content by Kevin7D

I would think they are just basing the CDS spread on the US debt versus income. More indication that the dollar is becoming riskier. The post also mentions: "When measured as a percentage of GDP, the US national debt is expected to pass 70% next year, which, though much higher than recent...

Thanks Thanks for the welcome. I do a lot of reading, but not a lot of posting. I figured it was time to join in the conversations. Preparedness is definitely key. Even if it doesn't happen for another decade it's good to be aware and ready. The thing is, if these types of talks [removing...

and another PM Putin suggests Russia, China ditch dollar in trade deals http://en.rian.ru/russia/20081028/117991229.html

Sooner or later Some people on here are saying maybe 20+ years before the rest of the world wakes up to our increasingly worthless currency. It's going to be more sooner than later. I think we're going to see a lot more of what moostraks posted and this in the next few years: "The...