Swine Flu

**test123** · 2012-12-13 16:51

There are many dangers in the economy today, but by far the biggest danger is the bond bubble. And economists are predicting that this bubble will burst in 2013.

The rates are artificially and excessively low, and the coming crisis is going to blow the 2008-9 financial crisis out of the water.

The way governments finance their deficit spending is by selling bonds backed by the treasury of the state or local government to private institutions and individuals, the government then pays back the principal plus a fixed interest rate that is determined by the government institutions credit rating and the time it takes the bond to mature.

Just recently Ben Bernanke announced that in addition to continuing his current $40 billion in mortgage-backed securities (QE-infinity), is going to also purchase longer-term Treasury securities at the tune of $45 billon per month.

Once the bond bubble burst, the currency crisis will hit full throttle. This means that dollars and other currencies will go into buying consumer items, precious metals and other physical properties. Consumer prices will soar, as well as interest rates. The central bank will lose control; and the more they inflate, the worse the confidence becomes. The interest rates will respond to these efforts by rising sharply.

So what does BG hipsters think, will this happen in 2013?

**quannum** · 2012-12-13 16:58

http://t.qkme.me/367rmp.jpg

**Correction** · 2012-12-13 17:08

don't trust the government definition of 'hipster,' BG, the word means whatever test123 seems to think it means.

**Talint** · 2012-12-13 17:19

Can we change test's name to Chicken Little?

**zoobernut** · 2012-12-13 17:30

Originally Posted by Correction

don't trust the government definition of 'hipster,' BG, the word means whatever test123 seems to think it means.

I was really wondering what he meant by BG hipsters.

**BaneTheBrawler** · 2012-12-13 17:35

I do not believe that the shit will hit the fan. I have very good aim.

**Plow** · 2012-12-13 17:56

Originally Posted by test123

There are many dangers in the economy today, but by far the biggest danger is the bond bubble. And economists are predicting that this bubble will burst in 2013.

The rates are artificially and excessively low, and the coming crisis is going to blow the 2008-9 financial crisis out of the water.

The way governments finance their deficit spending is by selling bonds backed by the treasury of the state or local government to private institutions and individuals, the government then pays back the principal plus a fixed interest rate that is determined by the government institutions credit rating and the time it takes the bond to mature.

Just recently Ben Bernanke announced that in addition to continuing his current $40 billion in mortgage-backed securities (QE-infinity), is going to also purchase longer-term Treasury securities at the tune of $45 billon per month.

Once the bond bubble burst, the currency crisis will hit full throttle. This means that dollars and other currencies will go into buying consumer items, precious metals and other physical properties. Consumer prices will soar, as well as interest rates. The central bank will lose control; and the more they inflate, the worse the confidence becomes. The interest rates will respond to these efforts by rising sharply.

So what does BG hipsters think, will this happen in 2013?

**Rhyis.** · 2012-12-13 17:59

Is that the Dead Like Me guy?

**Ksandra** · 2012-12-13 18:01

Originally Posted by Rhyis.

Is that the Dead Like Me guy?

...............

**Plow** · 2012-12-13 18:03

Originally Posted by Rhyis.

Is that the Dead Like Me guy?

oh lawd new title is amazing

**Ksandra** · 2012-12-13 18:04

more specifically (the line plow was referencing with the pic):

**ronin sparthos** · 2012-12-13 18:07

A+ on the title change.

**Kerberoz** · 2012-12-13 18:08

Poll needs a "Planet X will smash into Earth on 12/21/12" option

**Ksandra** · 2012-12-13 18:09

alas, I cannot take credit for title change, poll is all mine though. Clearly it is a way more important question.

**Rhyis.** · 2012-12-13 18:09

Originally Posted by Ksandra

...............

We can't all be chicks and care about shitty romance comedies.

**Ksandra** · 2012-12-13 18:10

Originally Posted by Rhyis.

I lived in a cave while growing up.

oh, ok

**zoobernut** · 2012-12-13 18:14

Originally Posted by Rhyis.

We can't all be chicks and care about shitty romance comedies.

Anyone who doesn't like Princess Bride is automatically a terrible person, true story.

**Abandon** · 2012-12-13 18:16

Originally Posted by Rhyis.

We can't all be chicks and care about shitty romance comedies.

whoa, whoa. you're stomping around on a frozen pond; watch your mouth

**Rhyis.** · 2012-12-13 18:17

'87 was the year of Full Metal Jacket, Predator, RoboCop, Lethal Weapon, Lost Boys, and Spaceballs. Watch some real fucking movies.

Come at me bros.

**Niiro** · 2012-12-13 18:18

Also I would consider calling it a romance comedy a complete misnomer and a great insult.

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