tag:blogger.com,1999:blog-4863014635257598503.post3660385762855901273..comments2024-02-27T22:18:53.706-05:00Comments on Zero Hedge: $1 Trillion "Run On Britain" DisclosedTyler Durdenhttp://www.blogger.com/profile/00165439451205639523noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-4863014635257598503.post-6388335539220497162009-03-16T15:23:00.000-04:002009-03-16T15:23:00.000-04:00UK part of eurozone?no, "but UK provides bulk of i...UK part of eurozone?<BR/>no, "but UK provides bulk of implicit support"<BR/><BR/>implicit support?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-37596944041906752642009-03-13T01:48:00.000-04:002009-03-13T01:48:00.000-04:00Anon -You said "They are often products that no on...Anon -<BR/><BR/>You said "They are often products that no one else can make."<BR/><BR/>U.S.: #1 exporter of creative financial instruments and debt.<BR/><BR/>good call.Jr Deputy Accountanthttps://www.blogger.com/profile/12886649539758133191noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-51809736879983212162009-03-10T10:45:00.000-04:002009-03-10T10:45:00.000-04:00"Of course a strong dollar tends to do miracles fo..."Of course a strong dollar tends to do miracles for the trade balance of the U.S., however as the last time the U.S. exported any actual relevant products (let alone those fabulous Detroit moving contraptions) was some time in the 20th century, this is likely the last thing on economists minds in a world where the U.S., whose CDS trades at an 8% implied probability of default in 5 years, is considered the safest haven."<BR/><BR/>Check out the list of products the US exports in large numbers before posting stupid "facts" like this. The numbers speak for themselves. They are often products that no one else can make.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-49774840663098033672009-03-10T01:19:00.000-04:002009-03-10T01:19:00.000-04:00Brad Sester over at CFR is covering this topic. Se...Brad Sester over at CFR is covering this topic. See post with links to good research:<BR/><BR/>http://blogs.cfr.org/setser/2009/03/08/the-shadow-financial-system-%E2%80%93-as-illustrated-in-three-new-papers-that-cut-through-london%E2%80%99s-fog/#more-4857pwm76https://www.blogger.com/profile/06360404038525306119noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-56780885557014703942009-03-09T20:23:00.000-04:002009-03-09T20:23:00.000-04:00No doubt, just making sure I didn't miss something...No doubt, just making sure I didn't miss something huge like that. If HSBC comes crawling for support in the next few months (likely?), that could be the tipping point as far as ratings go. Not that there aren't a million other things that could do it (any EU boom care of Ukraine, Romaina, Estonia,etc.), that's just one that comes to mind. I really enjoy reading your blog Mr. Durden, the analysis about the utility company was fantastic information, thanks for your insights.Kyle Fhttps://www.blogger.com/profile/13053986491552183727noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-34192953021879556112009-03-09T20:03:00.000-04:002009-03-09T20:03:00.000-04:00no rating watch, mere speculation. in reality even...no rating watch, mere speculation. in reality even a downgrade watch would create irreperable harm so i would imagine it is a last ditch action, but with the RA's nobody know anymoreTyler Durdenhttps://www.blogger.com/profile/00165439451205639523noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-70643554065314718142009-03-09T19:35:00.000-04:002009-03-09T19:35:00.000-04:00Has there been a new ratings agency report issued ...Has there been a new ratings agency report issued putting the UK on watch or something, or are you just generally speculating based on the amalgam of current events (a la Lloyds and QE)? I'm not disagreeing, just didn't know if there was a specific report. That is going to be an uglllyyy day when it comes.Kyle Fhttps://www.blogger.com/profile/13053986491552183727noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-90694009014380064512009-03-09T18:27:00.000-04:002009-03-09T18:27:00.000-04:00Thanks for the daily dose of sea sickness. How is ...Thanks for the daily dose of sea sickness. How is gold only $900 and some change? The mind boggles...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-19338556548612200532009-03-09T15:15:00.000-04:002009-03-09T15:15:00.000-04:00Where did the money go? Last Septmeber there was a...Where did the money go? Last Septmeber there was a run on US banks, but I never did learn where the money went that time either?<BR/><BR/>Seriously, where do the funds go when there's a run on the US or the UK financial systems?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-81780656808628333442009-03-09T15:03:00.000-04:002009-03-09T15:03:00.000-04:00@tyler can you elaborate on "but UK provides bulk ...@tyler can you elaborate on "but UK provides bulk of implicit support"?!<BR/><BR/>@daniel aren't Germany and Japan way ahead?Olivier Travershttps://www.blogger.com/profile/18004207511434305122noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-68072038224170026892009-03-09T13:43:00.000-04:002009-03-09T13:43:00.000-04:00Good for the nominal trade balance though.Good for the nominal trade balance though.Unknownhttps://www.blogger.com/profile/03556685796943786307noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-32024878427577250262009-03-09T12:27:00.000-04:002009-03-09T12:27:00.000-04:00Strong dollar is a bad thing for US exportsStrong dollar is a bad thing for US exportsIanhttps://www.blogger.com/profile/12325797293534490304noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-76409065888167197872009-03-09T12:05:00.000-04:002009-03-09T12:05:00.000-04:00I believe the US is the world's largest capital go...I believe the US is the world's largest capital goods exporter. Things like heavy machinery, jet engines, etc. I could be wrong though.Unknownhttps://www.blogger.com/profile/03556685796943786307noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-23998603297093978382009-03-09T12:02:00.000-04:002009-03-09T12:02:00.000-04:00of course not. but UK provides bulk of implicit su...of course not. but UK provides bulk of implicit supportTyler Durdenhttps://www.blogger.com/profile/00165439451205639523noreply@blogger.comtag:blogger.com,1999:blog-4863014635257598503.post-77256827316977160132009-03-09T12:00:00.000-04:002009-03-09T12:00:00.000-04:00"destabilize the eurozone (of which the UK along w..."destabilize the eurozone (of which the UK along with Germany are unfortunately the strongest members)..."<BR/><BR/>Did the UK adopt the Euro while I wasn't looking? Is the Pound Sterling gone already?Advant Guardhttps://www.blogger.com/profile/13724697741711826082noreply@blogger.com