US to default on foreign loans?

[josej...@ssnet.net]

Some leading economists this that the US will default on it's foreign loans
perhaps as early as this summer. If that happens the value of the dollar will
fall spectacularly.

[Jeff]

josej...@ssnet.net wrote:
>
>
> Some leading economists this that the US will default on it's foreign loans
> perhaps as early as this summer.

Yeah, like who?

If that happens the value of the dollar will
> fall spectacularly.

Like it has over the last 8 years?

I just checked the yields on 91 day T Bills. It's 0.15%.
182 day T Bills which takes us well into the summer are 0.35%.

It doesn't look like the Treasury is having any problem rolling over
it's debt. Instead, it looks like people are willing to even lose a bit
of money (after paying commissions) to park their money here.

You need to stop listening to wingnuts.

Jeff