[RSmithOpt]

Our economy has not been healthy for a while because of our (the average citizen) and our government's debt. We gonna have to start paying that off. A serious deflation cycle is on the near horizon. Only if Asian and European markets to include their currencies and bonds take a worse beating than those in the US we foreign investment come back to the least of the 2 evils.

9.5 trillion in federal government debt.

That number was 3.5 4-5 years ago.

3 trillion in sub-prime doo-do.

What do you honestly think has and is going to happen?

[ninonitti]

9.5 trillion in federal government debt. That number was 3.5 4-5 years ago.

Hmmmmmmmm anyone seen our fiscally conservative president?

Oh wait there he is handing out $800 bills. I'm getting my Weimar Wheelbarrow ready.

[Vet_6780]

What do you honestly think has and is going to happen?

If .gov steps in to bail out the MBS bond insurers, they will destroy their AAA credit rating and long rates will go to 20+%.

They just won't risk it.