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To: silverleaf
yes, bankruptcy

Not a chance. They will try to sell bonds, no one will buy--so they will just print more money and we will get hyperinflation.
14 posted on 10/19/2008 2:48:30 PM PDT by itsPatAmerican
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To: itsPatAmerican

>>>Not a chance. They will try to sell bonds, no one will buy—so they will just print more money and we will get hyperinflation.

And what happens to nations that hyperinflate their currency?
We will all be exchanging Euros before we know it.
Oh... and who benefits the most from inflation???
Those who are deepest in debt.
Who is deepest in debt?
Those who caused the economic crisis in the first place.

Obama’s hidden agenda is already in play, and well past the turning point if he wins.

McCain proposed an across the board spending freeze.
Even that won’t dent the surface if California is any indication of what we are in for.


18 posted on 10/19/2008 2:57:27 PM PDT by Safrguns
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