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To: Nuc 1.1

Are you will to bet on another fifty or fifteen or ten or even five? Kotlikoff said most Americans, if they knew the truth, would try to kick the can down the road. But for how long? The piper must be paid at some point. Baby boomer retirements accelerating. Half the working age are not working. Interest rates have no where to go but up. In just six years, Obama added $7.5 trillion to federal debt (now $18.2 tril) and CBO projects $22 tril at term end.

Supporting the Ponzi scheme is status of US dollar as global currency. That may end sooner than later. BRICS and others working on a dethroning.

Someone said, the end will come like a thief in the night. Canary in coal mine: watch the bond traders for signs of the Great Unraveling coming to everyone’s neighborhood theater.


16 posted on 03/22/2015 9:24:41 PM PDT by concernedcitizen76 (Natural rights of life, liberty, and property are non-negotiable.)
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To: concernedcitizen76
As to being willing to bet on future years (inferred from your reply)? In point of fact I don't have any choice. “Our” government is doing it to us. I have talked about conservative issues for decades and decades and decades. Leftists and moderates didn't want to hear it. Conservatives already knew. If the leftists and moderates listened, their reply was that the politicians were all alike. After working for years to convince them the pubbies were different along comes Denny Hastert (Pubbie Speaker of the House) who spent like a drunken sailor, the Gang of 14 etc, etc. Needless to say the pubbies own behavior cost us all the progress we were making. Well the chuckle heads are in for a rude awakening when we loose reserve currency status. Sad. Still not giving up. Will be working for Ted Cruz in the upcoming election. While the previous comment was a bit sarcastic, it still is true. We are and have been broke for decades. We and the world choose to ignore the problem and that has worked well enough so far. When will we reach the end? Who knows. IMHO we will be in the shooting portion of WW III before it falls apart. After that things will be different then they are now.
33 posted on 03/22/2015 10:25:19 PM PDT by Nuc 1.1 (Nuc 1 Liberals aren't Patriots. Remember 1789!)
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