remember what happened to CNP- it went down the tube due to...

  1. kennethgalbraith
    14,217 Posts.
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    07/02/10
    11:14
    Post #: 6298404
    remember what happened to CNP- it went down the tube due to short term debt
    from memory it was classifed as long term when it was actually short term

    one argument is that the US has $2 trillion in short term debt

    is this possible?
    a country as big as the US has a short term loan that has to be refinanced this year

    i have my doubts
    I think the writer of this article has classified a whole lot of loans as short term

    anybody out there who can substantiate the existence of this amount of debt ($2 trillion) and THAT IT IS DUE THIS YEAR?

    thanx in anticipation

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