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To: Old Sarge
As long as the Fed can keep printing paper money, they can keep it going - because the populace isn't paying attention, and most likely never will.

That will work only as long as someone is willing to buy our debt. China has been a willing participant in this endeavor, but lately they've begun to stumble, so who's left to take up the slack?

You're correct about the population paying attention. I agree with Gruber, most are stupid, but sooner or later when the well runs dry, they'll be forced to face reality.

11 posted on 01/09/2015 5:39:26 AM PST by The Sons of Liberty (OK. Now How many votes do we need to IMPEACH and REMOVE the bastard?)
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To: The Sons of Liberty
China has been a willing participant in this endeavor, but lately they've begun to stumble, so who's left to take up the slack?

Russia.

Or OPEC.

Or the EU.

Or any of a number of global interests.

12 posted on 01/09/2015 5:43:26 AM PST by Old Sarge (Its the Sixties all over again, but with crappy music...)
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