You are quite correct. But the problem is there's not enough money to pay the debt.
That's worldwide, not just the US.
Every major body is in debt to every major body.
The world owes itself to itself.
Until a proper Gold standard comes into effect it'll just be Bonds after Bonds owing Bonds to Bonds earning interest on the original Bonds that weren't really there in the first place.
House of cards. It's falling apart now. Whether you agree with it or not, it is happening. Good luck!
Oh, The Rothschilds & Rockerfellers are meeting this weekend. I wonder what about?
Who has all the money? Spanish and Greek Islands look nice, are they for sale?...
(, Thu 31 May 2012, 21:50, Reply)