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Financial news I consider important, with my opinion, which is worth as much as you paid for it.
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Saturday, August 8, 2009

How the US plans to pay it's debts

I have two videos, the first one is a "joke" and the second I WISH was a joke.
Unfortunately, the joke is a better solution than the reality.

U.S. Government Stages Fake Coup To Wipe Out National Debt

Karl of the Market Ticker lays out the "printing of money" to pay for debt, monetizing debt. This unchecked will lead to the collapse of the US dollar, and eventually the US government, as per banana republics.

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