To: Diana in Wisconsin
200 trillion? The only way “out” is to just basically have some sort of jubillee where all debts are written off and we just reset everything. The downside is to figure out the logistics but there is no way on God’s green Earth where we can pay it off, it is mathematically impossible or soon will be. We can only kick this can so far.
10 posted on
08/02/2015 8:49:28 PM PDT by
Nowhere Man
("I wish we were back in the world of Andy Williams." - My mother, 1938-2013, RIP)
To: Nowhere Man
some sort of jubillee A more likely scenario is a long period of high inflation engineered by governments. The worst, but not a remote possibility, is what is happening to Greece.
The former is probably the best case scenario.
13 posted on
08/02/2015 8:53:43 PM PDT by
TigerLikesRooster
(The way to crush the bourgeois is to grind them between the millstones of taxation and inflation)
To: Nowhere Man
The usual way out is war. Here is hoping for your peaceful Jubilee instead.
18 posted on
08/03/2015 12:54:52 AM PDT by
Freedom_Is_Not_Free
(The Confederate Flag is the new "N" word.)
To: Nowhere Man
19 posted on
08/03/2015 6:19:37 AM PDT by
Diana in Wisconsin
(I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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