deltatahoe Posted June 26, 2009 Report Share Posted June 26, 2009 "Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland." click here and here for a couple articles about this crazy story what do you think, real or fake? i can't believe i haven't heard anything about this until today (the articles were written over a week ago) deltatahoe Quote Link to comment Share on other sites More sharing options...
chubbchubb Posted June 26, 2009 Report Share Posted June 26, 2009 I remember seeing a short segment about it on latenight TV some time ago. I thought the number was mind boggling... Quote Link to comment Share on other sites More sharing options...
Member X Posted June 26, 2009 Report Share Posted June 26, 2009 I know bonds are generally quite large in value but that's an insane amount lol Quote Link to comment Share on other sites More sharing options...
milsub5517 Posted June 30, 2009 Report Share Posted June 30, 2009 Madoff getting 150 years in prison, MJ's kids and some politicians love letters are more important than this. time to go "all in" gold? Quote Link to comment Share on other sites More sharing options...
deltatahoe Posted June 30, 2009 Author Report Share Posted June 30, 2009 i have to say i am dumbfounded that this thread hasn't gotten more than three responses in five days time am i over-reacting about the potential implications of this news story and the fragile state of our economy? given we are currently issuing treasury bonds hand over fist to fund our budget deficits, news like this (the possibility of japan trying to unload $134 billion of US treasury bonds) scares the bejeezus out of me *runs into the bomb shelter to hide* deltatahoe Quote Link to comment Share on other sites More sharing options...
Chronus Posted June 30, 2009 Report Share Posted June 30, 2009 Crazy.... just hyperinflate and they'll be worthless Quote Link to comment Share on other sites More sharing options...
Member X Posted June 30, 2009 Report Share Posted June 30, 2009 There's b*gger all we can do about it - we're just here for the ride! lol Quote Link to comment Share on other sites More sharing options...
trailboss Posted July 1, 2009 Report Share Posted July 1, 2009 My God, that is a worry. What would dumping 134bill of bonds on the market do? I'm shure it would not be good anyways. Where is Robby when we need him? He'd know. Col. Quote Link to comment Share on other sites More sharing options...
chronoluvvv Posted July 1, 2009 Report Share Posted July 1, 2009 $134 billion was a grand number once upon a time in these days of trillions who really cares ? Quote Link to comment Share on other sites More sharing options...
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