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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Investor2 who wrote (42780)4/13/2009 2:19:11 AM
From: Skeeter Bug  Read Replies (1) of 42834
 
I2, it is worse than a timing issue. it is a funding issue.

1. borrowing is escalating.
2. tax revenues are plummeting.
3. debt is blowing up - $23 trillion is expected by 2017.
4. we are already printing money at an alarming rate.

at some point, people will stop lending us money enough money - and we've probably already passed that point for good.

iow, if you want government, the printing presses will have to finance it.

if so, it isn't a matter of timing, it is a matter of necessity - government would not exist outside the printing press.

yes, you should be scared.
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