Anonymous Coward 05/12/2005 02:22 AM Report Abusive Post Report Copyright Violation | tipping point-teotwawki-GLP FIRST1 you read it here first! gm/ford to junk. The mutual funds and pension funds that own these "quality bonds" will be required to sell them because they are now called "risky". The panic/flood of long term bonds will not go un-noticed by the other holders of other risky long term bonds!! This kind of big cash doesnīt crash but deflates real slow but billions of dollars move The big cash gets a warning and has the " slow blow" and gets warnings from the big shots- Greenspan said ( 6 months ago )anyone still in bonds must intend to lose money. This is a major "dot" The ONE event that tips/starts and rolls over on the financial market!...bookmark this development- the money that a financial entity expected payment for and did not receive is expected by the carry trade to get the full payment and payoff another obligation to the 3rd/4th/5th ( you get the idea - on their 1-2% contract that now is worth 5% )- They call this part the " derivatives trade". 1 or 2 major MAJOR banks/pension/mutual funds just got fucked on their carry trade derivatives....they get fīd- canīt pay----------major domino meltdown |