[Toddsterpatriot]

The primary trend for the next 8-10 years is down, you and I and our wives and children each owe $40,000? to some foreigners we don't know

Sorry, my family doesn't owe anything to foreigners.

retail buying just fell off a cliff,

Is that the technical term?

interest rates are going to go up another 3/4% in the next three months

Wow!! So they'll be at Jimmy Carter levels?

they are DOUBLING the minimums payments due on all outstanding credit card balances

Wow! Sounds series!

and the guy I voted for wants to spend $200 BILLION to renovate a swamp.

Nobody is perfect :^)

I wish I was wrong. Every time gold goes up it means that the greeen pieces of paper in my wallet have LOST VALUE.

So those dollars have done pretty well since 1980 then.

[LurkingSince'98]

remind us to have a chat sometime. I'm in Northern Illinois maybe we can sitdown and talk economics.
Regards,
Lurking'

[Snardius]

Sorry, my family doesn't owe anything to foreigners.

I think he is referring to the billions of dollars of US treasuries that are owned by foreigners. Since We the People are the issuers of such debt, by proxy we owe money to foreigners.