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[Clansgian AT wmconnect.com]

> >Don, if I understand basic math and economics, what will happwn next is 
> treasuries will lose value because so much new debt is being sold.

It began just like that today.  Another (in a long series) thing that seems 
to have blindsided the economic wunderkind Bernanke is the assumption there 
would be buyers for those treasuries.  If there are not, or if there are too 
few, 
the interest rate must go sharply higher to make them sellable.