Comments for Who Are the Unnamed People Who Think the United States is Greece? at http://www.cepr.net , comment 1 to 3 out of 3 comments http://www.cepr.net Sat, 18 May 2013 20:38:13 +0100 FeedCreator 1.7.3 http://www.cepr.net/index.php/beat-the-press/who-are-the-unnamed-people-who-think-the-united-states-is-greece/#comment-209 And where were Greek rates at one or two years ago? Everything looks fine until savers/creditors get sufficiently sick of habitual fiscal degeneration and decide to stop "rolling-over" for it. In the end, the only thing that *really* makes for a reserve currency is a belief in it. And if you want an example of just how quickly faith in real world "belief systems" can evaporate - ask the Soviet Union. - cas127 Fri, 23 Apr 2010 08:14:44 +0100 http://www.cepr.net/index.php/beat-the-press/who-are-the-unnamed-people-who-think-the-united-states-is-greece/#comment-205 "These analsysts are apparently offset by analysts who continue to view U.S. government debt as a very attractive asset since the yields on U.S. government bonds remain extremely low." But let's face it, the Fed IS manipulating rates--downward. And so we cannot blindly trust the low Teasury rates as being the "don't worry" signal that you're suggesting it is. - PeterMarlow Fri, 23 Apr 2010 06:39:24 +0100 http://www.cepr.net/index.php/beat-the-press/who-are-the-unnamed-people-who-think-the-united-states-is-greece/#comment-200 The yield curve is thinking, That debt is not shrinking, And could be perverted, To become inverted. If dollars were euros, And could not be printed, The US would be Greece, Facing default and blinking. - izzatzo Fri, 23 Apr 2010 01:38:15 +0100