[Info-vax] HP stopping VMS paper documentation ?

[AEF]

On Nov 28, 2:32 pm, Johnny Billquist <b... at softjar.se> wrote:
> On 2011-11-28 17.20, AEF wrote:
>
> > On Nov 28, 6:32 am, Michael Kraemer<M.Krae... at gsi.de>  wrote:
> >> AEF schrieb:
>
> >>> _Some_ troubles? How about bankrupting member countries
>
> >> Those sitting in a glass house ...
> >> US are at least as bankrupt as some EU states.
> >> Doesn't China already own half of the US,
> >> if not more?
>
> > I don't know, but I cannot believe it's that much.
>
> You should research more before making bold claims.
> However, in this case, you are right. China owns about 8% of all US
> debts, or China owns 26% of all foreign-held U.S. Treasury securities,
> if you want to put it another way. (In the year 2000, it was 6%, so they
> have seriously increased their stake in the US over the last 11 years,
> but looking at just the last year, they have begun to sell off).
>
> Foreign powers owns about 47% of all US public debts.
>
> However, something more worrying is that US is one of a few countries
> where debt is now more than GDP, hitting 100% in August (way earlier
> than previously predicted).
>
> Seehttp://en.wikipedia.org/wiki/United_States_public_debtfor more
> information.
>
> >>> and wreaking
> >>> havoc with markets around the world? Riots in Greece? Yep, troubles
> >>> all right.
>
> >> I remotely remember this Occupy stuff originated somewhere
> >> across the pond ...
>
> > The U.S. is not bankrupt. The U.S. dollar is still reigns. Interest
> > rates for U.S. Treasury bonds are lower than probably any other
> > country, yet people still flock to them. And people bought even MORE
> > when Standard and Poor's downgraded them! There is no credible threat
> > for inflation troubles, allowing for monetary policy to be used as a
> > tool (OK, that's largely exhausted at this time, aside for some tricks
> > I believe can still be done, but cannot describe).
>
> Those statements are simply not accurate. But I'll let you read up some
> before trying to start a flamewar. :-)
> Or actually, I'll keep quiet. This is really not the place for arguing
> politics, economics, or being a nationalist.
>
> By the way, the euro might well sink. Who knows. I'm not going to try
> defend it. :-)
>
>         Johnny

The U.S. is not bankrupt. It is still paying its bills, and can borrow
at near zero percent interest rates. That is not bankrupt.

The danger of the high level of debt is controversial, as the article
itself demonstrates!

AEF