Tue 2009-06-16 00:00 EDT
Jesse's Café Américain: This Is Your Economy on Credit Crack - and Heading for a Crack-Up
Jesse's Café Américain: This Is Your Economy on Credit Crack - and Heading for a Crack-Up; ``we may have already passed the point at which the Fed and Treasury will have no choice but to substantially devalue the bonds and reissue a 'new US dollar' as part of a managed default on our sovereign debt''