Dallas Fed Reserve President: U.S. debt situation at tipping point | Reuters - http://finance.yahoo.com/news...
Mar 22, 2011
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“If we continue down the path on which the fiscal authorities put us, we will become insolvent. The question is when...”
- Anthony Citrano
no entity with the poiwer to tax can become insolvent unless of course they want to be bankrupt
- WarLord
Inflation hawks always want to put the brakes on, but seriously, are Treasury bonds yielding better rates lately? Or are markets currently acting like they don't have any problem with the US's debt?
- Andrew C (✔)
what andrew said (asked)
- Anthony Citrano
although I do think ultimately inflation will be a huge huge
issue. but not in the time/sequence the gold bugs would have us believe
- Anthony Citrano