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It IS Different this Time.
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sbark
Posted 11/21/2013 19:04 (#3459777 - in reply to #3458736)
Subject: Re: It IS Different this Time.


I believe the vast majority of Govt debt is short term bond issue..........

To consider confiscation of even part of USA citizens Indiv property (IRA/401k) smacks of complete collapse of rule of law, with trillions in debt and another hundred trillion of unfunded liabilities---it then wouldn't be long for confiscation of bank accounts to "save the govt"---with their current attitude on debt and spending, it might well not be the best option.........they would just repeat the mistake all over again........and look to the private sector once again shortly.

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