{"id":8639,"date":"2008-09-18T00:00:00","date_gmt":"2008-09-18T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"mayor-bloomberg-fears-national-debt-crisis","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/mayor-bloomberg-fears-national-debt-crisis.html","title":{"rendered":"Mayor Bloomberg Fears National Debt Crisis"},"content":{"rendered":"<p>New York Post &#8211; The next issue for concern in the battered economy is whether there are going to be buyers for the nation&#8217;s billions in debt, Mayor Bloomberg said yesterday.  <\/p>\n<p> Speaking to students at Georgetown University, Bloomberg pointed out that Wall Street convulsions are being felt around the globe. <\/p>\n<p> &quot;Who&#8217;s buying our debt? It&#8217;s these overseas funds, these sovereign-wealth funds, these overseas hedge funds. They are in trouble now. So it&#8217;s not clear who is going to be buying&quot; US Treasury bills, he said. <\/p>\n<p> Bloomberg was planning to have breakfast in Washington today with Treasury Secretary Henry Paulson &#8211; whom he described as an old friend &#8211; and Christopher Cox, chairman of the Securities and Exchange Commission. <\/p>\n<p>  Meanwhile, city Comptroller Bill Thompson warned that many high-paying jobs on Wall Street may be gone for good. <\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.nypost.com\/seven\/09182008\/news\/nationalnews\/bloomy_fears_national_debt_crisis_129630.htm\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Post &#8211; The next issue for concern in the battered economy is whether there are going to be buyers for the nation&#8217;s billions in debt, Mayor Bloomberg said yesterday. Speaking to students at Georgetown University, Bloomberg pointed out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1659,2723,1172,2722,147,2133,20,34,1658,21,2724,358,699],"class_list":["post-8639","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-asia-stock-markets","tag-budget-deadline","tag-hamptons","tag-james-angel","tag-journalism","tag-mate","tag-new-marketplace","tag-news-press","tag-peers","tag-securities-and-exchange-commission","tag-tumult","tag-value-investors","tag-volatility"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8639","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8639"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8639\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}