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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

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To: Amark$p who wrote (42734)11/14/2008 3:37:38 AM
From: pogohere  Read Replies (1) of 217825
 
Weimar USA: "Ultimately, the US may be forced to finance itself in foreign currency. This would expose the US to currency risk but most importantly it would not be able to service its debt by printing money. The US, like all borrowers, would become subject to the discipline of creditors."

"And keep in mind that German reparations were payable only in gold or foreign currencies, not the Reichsmark."

Message 24597739
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