Obama announces debt deal

[DimPrawn]

It may have escaped your attention, what with all your me-me bedwetting, that America hit the buffers a few years ago.

America faces a choice. Painfull cuts in public services or easy option, print trillions more dollars.

Gold will fly!

[sasguru]

If America hits the buffers this affects us all Mr MarillionFan.

It may have escaped your attention, what with all your me-me bedwetting, that America hit the buffers a few years ago.

[suityou01]

There is nothing to fear but fear itself.

You're an anachronism.

[fullyautomatix]

This thread is a CUK coaching thread for Craic on how to post an interesting thread and not be insulted by regulars.

[MarillionFan]

Sell your equities on the rally and buy gold on the dips.

US Stock Futures Higher On US Debt Deal Agreement; Gold Slides - WSJ.com

Good advice Mr Gay Prawn. Look Boss. The plane. The plane.

[suityou01]

And this effects you how Mr Suityou?

If America hits the buffers this affects us all Mr MarillionFan.

[DimPrawn]

Wait around long enough on any of these financial threads, and sooner or later, someone with a real handle on how it all dovetails together will show up and explain it all.



Still waiting on this particular one.

Sell your equities on the rally and buy gold on the dips.

US Stock Futures Higher On US Debt Deal Agreement; Gold Slides - WSJ.com

[shaunbhoy]

It doesn't. Just makes him feel like he's playing with the big boys rather than being the unemployed bed-wetter he is.

Wait around long enough on any of these financial threads, and sooner or later, someone with a real handle on how it all dovetails together will show up and explain it all.



Still waiting on this particular one.

[MarillionFan]

It doesn't. Just makes him feel like he's playing with the big boys rather than being the unemployed bed-wetter he is.

Harsh.

But fair.

[sasguru]

And this effects you how Mr Suityou?

It doesn't. Just makes him feel like he's playing with the big boys rather than being the unemployed bed-wetter he is.

[MarillionFan]

Yes see last paragraph of the OP and the latter link.

HTH

And this effects you how Mr Suityou?

[suityou01]

It's all made up money though, isn't it? Have ratings agencies started to "threaten" the US with downgrading yet?

Yes see last paragraph of the OP and the latter link.

HTH

[MrMark]

It's all made up money though, isn't it? Have ratings agencies started to "threaten" the US with downgrading yet?

[suityou01]

Linky

US President Barack Obama says Republican and Democratic leaders have reached an agreement on raising the US debt limit and avoiding default.

Congress has to approve the deal. Votes in both houses are expected on Monday.

The BBC's Jane O'Brien says the package is still likely to be a tough sell, with some Republicans and Democrats in the House of Representatives remaining opposed to different aspects.

So not out of the woods yet. Or perhaps we are until they next need to raise the debt ceiling.

Max Keiser said on RT yesterday that a raft of debt ratings downgrades were "already baked into the cake"

Max Keiser linky