[Errant]

This entire government is on the verge of collapse. It's just a matter of time.

If it's going to happen, let it happen now - on Obama's watch.

Many countries stopped buying our debt under O; we started printing out of 'thin air' under O; I say odds are good this government collapses under O. In that case, be prepare as best you can.

"In summary: someone, unclear who, operating through Belgium and most likely the Euroclear service (possible but unconfirmed), has added a record $141 billion in Treasurys since December, or the month in which Bernanke announced the start of the Taper, bringing the host's total to an unprecedented $341 billion!"

[ozarkgirl]

I keep trying to get hubby to cash out on the IRA although just a few more years and we wouldn’t have to pay the penalty we would now. He thinks I’m crazy but I wonder if we’d lose less by paying the penalty and having cash on hand.

[Black Agnes]

I think this BLM/Bundy episode is to give confidence to our foreign debt holders that they will be able to collect on the ‘collateral’ they’ve been promised in return for buying our debt and not selling it.