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Post by Swampy on Apr 1, 2013 8:51:53 GMT -5
Who the Hell is paying for all this ? The 90% of people who are working, plus the companies that are making money. |
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Post by Sir John on Apr 1, 2013 17:31:33 GMT -5
"Who the Hell is paying for all this ? . "
A simple question to answer really, the answer is Mr Ben Bernanke, who is now the only buyer of US Treasury Bonds. All the other (foreign) buyers have given up on ever getting all those dollars back any time soon, like in about 30 years.
The only remaining buyer is a small insignificant country called Australia, who now has 27 billion of these worthless bits of paper, and who insist on buying more.
The CEO of our Reserve Rank is the highest paid of them all, I wonder why?
THAT'S who is paying for it all.
SJ
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