More good news

[Xenophon]

US May Face 'Armageddon' If China, Japan Don't Buy Debt

“If the Chinese and Japanese stop buying our bonds, we could easily see [inflation] go to 15 to 20 percent,” he said. “It's not a question of the economy. It's a question of who will lend us the money if they don't. Imagine us getting ourselves in a situation where we're totally dependent on those two countries. It's crazy.”

Inflation a Risk Without Foreign Debt Buyers: Robertson - Economy * US * News * Story - CNBC.com

In Barryworld, you just keep spending, but the bell is tolling on this massive debt we built up over the last 9 years.

 

[Lost Soul]

US May Face 'Armageddon' If China, Japan Don't Buy Debt

“If the Chinese and Japanese stop buying our bonds, we could easily see [inflation] go to 15 to 20 percent,” he said. “It's not a question of the economy. It's a question of who will lend us the money if they don't. Imagine us getting ourselves in a situation where we're totally dependent on those two countries. It's crazy.”

Inflation a Risk Without Foreign Debt Buyers: Robertson - Economy * US * News * Story - CNBC.com

In Barryworld, you just keep spending, but the bell is tolling on this massive debt we built up over the last 9 years.

Wonder how he plans to pay for Obamacare now?

Oh I know, tax everyone but lie and say only the rich.

 

[Xenophon]

They are talking about cutting billions from seniors on medicare, the exact thing they kept denying all summer.

Hypocrites.

 

[The Rabbi]

Virtually every statement of Obama on healthcare (and anything else) is an outright lie. This is why support for his programs is shrinking. No one can trust him. It isn't that he only presents one side or downplays other issues. That's reasonable in politiics. It's that he outright lies about things.
This is good news in the sense that it will put restraint on the rest of Obama's tax and spend policies.

 

[Diuretic]

It would cripple the world economy to allow that to happen. Hopefully no-one in charge of anything is that stupid.

 

[Ravi]

I suppose the advice of someone that drove the largest hedge fund group into the ground is as valid as anyone else's.

 

[skookerasbil]

buy gold now s0ns.........................

and dont say I didnt warn ya................

 

[skookerasbil]

They are talking about cutting billions from seniors on medicare, the exact thing they kept denying all summer.

Hypocrites.

and still saying its "misinformation" for the gay...................