The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (207501)	6/19/2009 1:05:17 AM
From: Skeeter Bug	Read Replies (1) of 306849

BC, but if helicopter ben can't print money, where will the $3.5 trillion come from that we need for ongoing national operations come from? we need $2 trillion for the budget deficit and we need $1.5 billion to roll over expiring debt. the entire world doesn't save that much money. how is helicopter ben going to pay the bills? it isn't like they will cut expenses. to the contrary, they are continuing to explode expenses. tax rates would need to go from 15% to 25%, 25% to 65% and 36% to 92% to pay as we go - and i don't see that happening. i do agree that it will be interesting to see how this plays out... a bunch of poor people who can't afford to buy anything as their currency crashes and prices want to explode. did anything similar go down in rome when it collapsed?

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