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SW Iowa | Yep, and once they do the "structured default" on US treasuries, hopefully, the US can withstand a significant treasury bond interest rate increase so they can pay interest on what is left, and sell new ones thus, pay the tab for running the government. Hopefully, there will not be a total dollar collapse, and debt stabilization can take place, but they have GOT to quit spending more than they take in in taxes.
Edited by Itchy 1/16/2014 19:59
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Is inflation on our doorstep?
