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To: Tzimisce
Curious: how much longer can this nation be run in to the ground before something gives?

I don't know about the when but I have a pretty good idea about what the "something" will be.

Eventually this government will no longer be able to fund itself and service its debt. This is a mathematical certainty. We're looking at sovereign default and the utter destruction of our currency.

It's going to be unimaginably ugly.

48 posted on 01/31/2010 7:17:29 PM PST by Zeddicus
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To: Zeddicus

http://finance.yahoo.com/q/bc?s=VUSTX&t=3m&l=on&z=m&q=l&c=

That is a reasonable conclusion. But what is baffling is why anyone would today loan the U.S. money for 30 years at 3.85%? What foolish overseas dolts would buy these things? ( 30-year treasuries ..)


82 posted on 02/01/2010 7:50:15 AM PST by campaignPete R-CT ("pray without ceasing" - Paul of Tarsus)
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