They are backed...repatration of super funds and hedge funds...

They are backed...repatration of super funds and hedge funds back to US deposits from foreign markets.

Here in Australia foreign capital has fled and Aussie banks have to fend for themselves & need to refinance over $60 billion of debt due in 2009.

Same is happening everywhere in the world but USD and govt bonds in particular are liquid.

They could flow into German Bunds, but they're not liquid and Germany is tied with Russia and Russias soveriegnty is on the brink of collapse, Eastern Europe is just a joke.

So that leaves the U.S - everyone is equally in debt, everyone is printing money in order to inflate.

But demands for US products outstrips anything else anyone has to offer except Japan.