Not sure who this person is, numan - the author of your cited article. What are his credentials? Does he have expertise, or is he merely an amateur naysayer?

I would like to read further comments on two of his claims that I think are central to his argument, but haven't passed my (admittedly amateur) smell test:

1. Investors have "mostly piled into very short term Treasuries".

2. "As the US government sucks all the air out of the global credit markets via the unstemmed growth of its latest in a series of dangerous asset bubbles, namely the Treasuries bubble, these other entities [emerging markets, their governments and banks, and US businesses] find it extremely difficult to issue debt (obtain credit) at feasible costs, if at all."

Steve
Give us the wisdom to teach our children to love,
to respect and be kind to one another,
so that we may grow with peace in mind.
(Native American prayer)