http://static.10gen.com/businessinsider.com/~~/f?id=4a5b314e4b543767002b5224
Mauldin revisited these questions over the weekend, and he still doesn't have any answers. I have been writing for months that I don't think the US can find $2 trillion dollars this year and then come back to the well for another $1.5 trillion next year without serious disruption in the markets. Where do you find that much money when all the rest of the world also wants to borrow massive amounts? How much are we talking about? The friendly folks at Hayman actually spent the time to add it all up. This is not a comforting graph. The graph shows the US will need to issue $3 trillion in debt. http://www.businessinsider.com/henry-blodget-remind-us-againwhere-is-the-money-were-borrowing-going-to-come-from-2009-7 ----------- Something has to give in all this :-| At some point, the bottom falls out ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:300167 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
