Re: Randy Berger My Answer to You About Nance
Posted by portlandon On 2010/2/9 14:41:14
Quote:
I also read somewhere recently that the US government's solid gold credit rating is in question - what happens when China says they don't want any more of our debt, or increases the interest on borrowings?
Total collapse. Fiscal discipline has gone out the window. Every child born today is given a blanket, a bottle of milk, and a past due bill.
Eventually China is going to call in it markers, and if we don't have the cash,.....it isn't going to be pretty.
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