Monday, May 16, 2011

US DEBT CRISIS

ok, why am I posting this at 1245am? good question, I dont know the answer but apparently it helps me sleep.


SOOO

WSJ reported US hit its debt ceiling today or tomorrow, meaning 11weeks till they default on their debts.

That means crazy amounts of politics in coming weeks, basis being raising the us debt levels so that they can use debt to pay off debt until the market can support restructuring of their debt (or a mass weakening of the USD)

I want to be short as much usd as possible right now, expecting volatility to skyrocket in coming weeks.


anywho...SLEEP!

have to be up in 5 hours for german...

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