Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Obama decides he doesn't like that debt ceiling thing
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="OliverKlohzoff" data-source="post: 2043718" data-attributes="member: 24445"><p>At this point, no nation is dumb enough to buy our continual debt. China no longer purchases our bonds. The Fed has to exchange printing money now for loans/property rights on all the leveraged real estate in America from the banks. There isn't really much of anywhere left to go with the debt. Who is going to be dumb enough to buy more US debt ?</p><p></p><p>One very smart financial guy I've listened to for years said that the beginning of the end is when the Fed has to book it's own debt on it's own balance sheet. This has already been happening for the past couple years. He now says you know it's all over when the Fed wants to print money and exchange for gold. If you ever hear that kind of talk, it's time to run for the hills and get as far away as you can from the US Dollar.</p></blockquote><p></p>
[QUOTE="OliverKlohzoff, post: 2043718, member: 24445"] At this point, no nation is dumb enough to buy our continual debt. China no longer purchases our bonds. The Fed has to exchange printing money now for loans/property rights on all the leveraged real estate in America from the banks. There isn't really much of anywhere left to go with the debt. Who is going to be dumb enough to buy more US debt ? One very smart financial guy I've listened to for years said that the beginning of the end is when the Fed has to book it's own debt on it's own balance sheet. This has already been happening for the past couple years. He now says you know it's all over when the Fed wants to print money and exchange for gold. If you ever hear that kind of talk, it's time to run for the hills and get as far away as you can from the US Dollar. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Obama decides he doesn't like that debt ceiling thing
Search titles only
By:
Top
Bottom